Memphis, TN Daily Grain

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Little Rock, AR     Thu, Jul 03, 2014     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       4.3650-4.4700   DN 2.75-DN 1.5     27U to 30N     UNCH
Soybeans   13.1975-13.9975 DN 15-DN 4.75      20Q to 12N     UNCH
SRW Wheat  5.6450-5.7950   UP 4-UP 17.75      -15U to OptU   UNCH to NO COMP
Sorghum    7.7700-7.8000   DN 5-DN 3          20Z to 20N     UNCH

Contract Bids for New Crop Delivery
Corn       4.0450          DN 2.75            -5U            UNCH
Soybeans   11.5150         DN 8               18X            UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    8.2200          DN 5               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

1259C      hr

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