Memphis, TN Daily Grain

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Little Rock, AR     Thu, Jan 09, 2014     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       4.3800-4.4000   DN 7-DN 8          26H to 28H     DN 2 to DN 3
Soybeans   13.5575-13.5775 UP 4.5-UP 6.5      82H to 84H     UNCH to UP 2
SRW Wheat  6.2925-6.3325   DN 4.5-DN 13.5     45H to 49H     UNCH to DN 9
Sorghum    8.2500-8.3600   DN 9-DN 10         50H to 56H     UNCH to DN 1

Contract Bids for New Crop Delivery
Corn       4.2525-4.2725   DN 6.75-DN 4.75    -9U to -7U     DN 2 to UNCH
Soybeans   11.2000-11.2600 DN 2-DN 3          19X to 25X     UP 1 to UNCH
SRW Wheat  5.9225-5.9425   DN 6.25-DN 4.25    -2N to OptN    DN 2 to UNCH
Sorghum    7.3400          DN 9               -30Z           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: 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

13:48 C    hr


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