Memphis, TN Daily Grain

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Little Rock, AR     Wed, Jul 23, 2014     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.8250          UP 2.25            20U            UNCH
Soybeans   12.4100         UP 17              40Q            UNCH
SRW Wheat  5.1075-5.1175   UP 6.25            -20U to -19U   UNCH
Sorghum    6.9800-7.6000   UP 5-UP 67         20Z to 55Z     UNCH to UP 35

Contract Bids for New Crop Delivery
Corn       3.5350-3.6250   UP 1.25-UP 7.25    -9U to OptU    DN 1 to UP 5
Soybeans   10.9750-11.1150 UP 18.75-UP 28.75  21X to 35X     UNCH to UP 10
SRW Wheat  5.7700-5.8700   UP 5.5             -30N to -20N   UNCH
Sorghum    7.3300-7.7800   UP 4-UP 13         40Z to 65Z     UNCH to UP 5

* 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

1352C      hr

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