Memphis, TN Daily Grain

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Little Rock, AR     Wed, May 14, 2014     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       5.1550-5.1750   DN 7.25-DN 6.25    20N to 22N     UNCH to UP 1
Soybeans   14.9675-15.2175 UP 3-UP 9          10N to 35N     UNCH to UP 6
SRW Wheat  6.8725-6.9325   DN 19              -3N to 3N      UNCH
Sorghum    9.2100-9.4600   DN 12              20N to 34N     UNCH

Contract Bids for New Crop Delivery
Corn       4.8275-4.8575   DN 5.75            -8U to -5U     UNCH
Soybeans   12.3550         UP 3.5-UP 1.5      13X            UNCH to DN 2
SRW Wheat  6.8625-6.8725   DN 20              -4N to -3N     DN 1
Sorghum    9.0900          DN 2-DN 11         20Z            UP 5 to UNCH

* All bids are $/bu except Sorghum, which is $/cwt.
NA = Not Available  No Comp = No Comparison

Chicago Board of Trade month symbols: F January, G February, H March,
J April, K May, M June, N July, Q August, U September, V October,
X November, Z December
Monthly Prices for: April 2014

No. 2 Yellow Corn                       5.2585
No. 1 Yellow Soybeans                  14.9975
No. 2 Soft Red Winter Wheat             7.0390
No. 1 Yellow Sorghum                    9.5393

Source: USDA-AR Coop Ext Service, Little Rock, AR
        Heather Riley  501-671-2200

1353C      hr

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