Memphis, TN Daily Grain

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Little Rock, AR     Mon, Aug 18, 2014     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.7575          DN 5               15U            UNCH
Soybeans   11.0275-11.5775 UP 5.75            45X to 100X    UNCH
SRW Wheat  5.0750          DN 3.75-DN 8.75    -35U           UP 5 to UNCH
Sorghum    6.1900-6.7200   DN 36-DN 10        -25Z to 5Z     DN 15 to UNCH

Contract Bids for New Crop Delivery
Corn       NA              NA                 NA             NA
Soybeans   10.7575         UP 8.75-UP 3.75    18X            UP 3 to DN 2
SRW Wheat  5.6325-5.7325   DN 10              -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

1401C      hr

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