Markets

Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Wed, Jan 07, 2015     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       4.1125-4.1225   DN 3.75-DN 8.75    15H to 16H     UP 5 to UNCH

Soybeans   10.8925-10.9125 UP 4.5-UP 5.5      33H to 35H     UP 4 to UP 5

SRW Wheat  NA              NA                 NA             NA

Sorghum    8.5900-8.7700   DN 16              85H to 95H     UNCH



Contract Bids for New Crop Delivery

Corn       3.9850-4.0450   DN 8.25            -16U to -10U   UNCH

Soybeans   10.3000-10.3300 DN 3.75            5X to 8X       UNCH

SRW Wheat  5.9775          DN 11              10N            UNCH

Sorghum    7.2400          DN 14              -15Z           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: December 2014



No. 2 Yellow Corn                       4.1164

No. 1 Yellow Soybeans                  10.7304

No. 2 Soft Red Winter Wheat             5.9931

No. 1 Yellow Sorghum                    8.5258



Source: USDA-AR Coop Ext Service, Little Rock, AR

        Heather Riley  501-671-2200

        www.ams.usda.gov/mnreports/lr_gr110.txt

        www.ams.usda.gov/LPSMarketNewsPage



1350C      hr

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