Memphis, TN Daily Grain

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Little Rock, AR     Wed, Aug 20, 2014     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.6950-3.7950   DN 3               10U to 20U     UNCH
Soybeans   10.9300-11.8800 DN 14.75           55X to 150X    UNCH
SRW Wheat  5.0450          DN 6.5             -35U           UNCH
Sorghum    6.5600          DN 9               OptZ           UNCH

Contract Bids for New Crop Delivery
Corn       NA              NA                 NA             NA
Soybeans   10.5600-10.5800 DN 14.75           18X to 20X     UNCH
SRW Wheat  5.5725-5.6725   DN 8.75            -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

1351C      hr

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