Memphis, TN Daily Grain

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Little Rock, AR     Fri, Aug 08, 2014     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.6675-3.6875   DN 7.75            15U to 17U     UNCH
Soybeans   12.2075-12.3975 UP 6.75-DN 8.25    136X to 155X   UNCH to DN 15
SRW Wheat  5.1925-5.2025   DN 12.25           -30U to -29U   UNCH
Sorghum    6.4000-7.2100   DN 50-DN 13        -5Z to 40Z     DN 20 to UNCH

Contract Bids for New Crop Delivery
Corn       NA              NA                 NA             NA
Soybeans   11.0375-11.0475 UP 8.75-UP 6.75    19X to 20X     UP 2 to UNCH
SRW Wheat  5.7400-5.8400   DN 14.5            -30N to -20N   UNCH
Sorghum    NA              NA                 NA             NA

* 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: July 2014

No. 2 Yellow Corn                       4.0516
No. 1 Yellow Soybeans                  12.6502
No. 2 Soft Red Winter Wheat             5.2586
No. 1 Yellow Sorghum                    7.3530

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

1352C      hr

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