Memphis, TN Daily Grain

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Little Rock, AR     Wed, Jun 18, 2014     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       4.7150          UP 2.75            30N            UNCH
Soybeans   14.2100-14.2900 UP 10.75           12N to 20N     UNCH
SRW Wheat  5.8200-5.8900   UP 5.25            -5N to 2N      UNCH
Sorghum    8.2400          UP 5               20N            UNCH

Contract Bids for New Crop Delivery
Corn       4.2550          UP 1.5             -10U           UNCH
Soybeans   12.2800-12.2900 UP 1               15X to 16X     UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    8.6500          UNCH               45Z            UNCH

* 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: May 2014

No. 2 Yellow Corn                       5.1338
No. 1 Yellow Soybeans                  15.0258
No. 2 Soft Red Winter Wheat             6.8802
No. 1 Yellow Sorghum                    9.2187

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

1348C      hr

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