Memphis, TN Daily Grain

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LR_GR110
Little Rock, AR     Tue, Jul 15, 2014     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       4.0600-4.0800   DN 5.5-DN 7.5      32U to 34U     UP 2 to UNCH
Soybeans   12.3050         DN 16.5            50Q            UNCH
SRW Wheat  5.2775-5.3275   UNCH               -10U to -5U    UNCH
Sorghum    7.1700          DN 12              20Z            UNCH

Contract Bids for New Crop Delivery
Corn       3.6900          DN 4.5-DN 6.5      -5U            UP 3 to UP 1
Soybeans   11.0725-11.0825 UP 1               21X to 22X     UP 1
SRW Wheat  5.7850-5.9850   No Comp            -30N to -10N   No Comp
Sorghum    7.4400-7.9800   DN 12-UP 6         35Z to 65Z     UNCH to UP 10

* 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: June 2014

No. 2 Yellow Corn                       4.7612
No. 1 Yellow Soybeans                  14.5437
No. 2 Soft Red Winter Wheat             5.9076
No. 1 Yellow Sorghum                    8.3324

Source: USDA-AR Coop Ext Service, Little Rock, AR
        Heather Riley  501-671-2200
        www.ams.usda.gov/mnreports/lr_gr110.txt
        www.ams.usda.gov/LPSMarketNewsPage

1345C      hr



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