Memphis, TN Daily Grain

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Little Rock, AR     Thu, Jul 18, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       6.2100-6.2600   DN 2.5-DN 12.5     80U to 85U     DN 5 to DN 15
Soybeans   14.9425-15.1925 DN 8.25            25Q to 50Q     UNCH
SRW Wheat  6.6650-6.6850   DN 4.5             6U to 8U       UNCH
Sorghum    8.2300-9.9200   DN 2-UP 6          -40Z to 55Z    UNCH to UP 5

Contract Bids for New Crop Delivery
Corn       5.2100-5.2300   UP 0.5-DN 0.5      -20U to -18U   DN 2 to DN 3
Soybeans   12.9175-12.9275 DN 17.75-DN 16.75  26X to 27X     UNCH to UP 1
SRW Wheat  6.6375          DN 6.5             -25N           UNCH
Sorghum    9.4600          UP 5-DN 2          29Z            UP 4 to UNCH

* All bids are $/bu except Sorghum, which is $/cwt.
NA = Not Available  NQ = No Quote  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 2013

No. 2 Yellow Corn                       6.9671
No. 1 Yellow Soybeans                  15.4470
No. 2 Soft Red Winter Wheat             6.9559
No. 1 Yellow Sorghum                   11.4693

Source: USDA- AR Coop Ext Service, Little Rock, AR
        Steve Cheney 501-671-2200

13:46 C    hr


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