Memphis, TN Daily Grain

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Little Rock, AR     Mon, Jan 27, 2014     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       4.6075-4.6375   UP 2.25-UP 4.25    29H to 32H     UNCH to UP 2
Soybeans   13.3075-13.3275 DN 14-DN 19        43H to 45H     DN 17 to DN 22
SRW Wheat  6.0350-6.0650   DN 1.75-DN 3.75    40H to 43H     UNCH to DN 2
Sorghum    8.6000-8.6700   UP 4               50H to 54H     UNCH

Contract Bids for New Crop Delivery
Corn       4.3525-4.4025   UP 5-UP 8          -12U to -7U    UNCH to UP 3
Soybeans   11.2050-11.2450 DN 7.75            19X to 23X     UNCH
SRW Wheat  5.7525-5.7625   DN 1.75-DN 0.75    OptN to 1N     UNCH to UP 1
Sorghum    7.7200-8.1700   UP 5-UP 14         -20Z to 5Z     UNCH to UP 5

* 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: December 2013

No. 2 Yellow Corn                       4.5246
No. 1 Yellow Soybeans                  13.8299
No. 2 Soft Red Winter Wheat             6.6714
No. 1 Yellow Sorghum                    8.3133

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

13:58 C    hr


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