USDA Market Reports

Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Mon, Jan 12, 2015     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       4.1400-4.1800   UP 5.75-UP 1.75    12H to 16H     UP 4 to UNCH

Soybeans   10.6100         DN 24.25-DN 26.25  45H            UP 12 to UP 10

SRW Wheat  5.1550          DN 8.25            -40H           UNCH

Sorghum    8.7000-8.8800   UP 3-UP 4          85H to 95H     UNCH



Contract Bids for New Crop Delivery

Corn       4.0450-4.1050   UP 3.5             -16U to -10U   UNCH

Soybeans   9.9875-10.0175  DN 25.75           5X to 8X       UNCH

SRW Wheat  5.7475          DN 7.75            10N            UNCH

Sorghum    7.5200          UP 17              -5Z            UP 5



* 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



1354C      hr

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