Memphis, TN Daily Grain

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Little Rock, AR     Mon, Jun 09, 2014     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       4.8000-4.8100   DN 8               29N to 30N     UNCH
Soybeans   14.6900-14.7700 UNCH-DN 10         12N to 20N     UNCH to DN 10
SRW Wheat  6.1250-6.1450   DN 5.75            OptN to 2N     UNCH
Sorghum    8.4100          DN 14              20N            UNCH

Contract Bids for New Crop Delivery
Corn       4.3750          DN 8.75-DN 13.75   -10U           UNCH to DN 5
Soybeans   12.3925-12.4025 UP 4.5-UP 3.5      15X to 16X     DN 1 to DN 2
SRW Wheat  NA              NA                 NA             NA
Sorghum    8.7500          DN 14              40Z            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: May 2014

No. 2 Yellow Corn                       5.1338
No. 1 Yellow Soybeans                  15.0258
No. 2 Soft Red Winter Wheat             6.8802
No. 1 Yellow Sorghum                    9.2187

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

1351C      hr

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