Memphis, TN Daily Grain

LR_GR110

Little Rock, AR     Thu, Jan 08, 2015     USDA-AR Dept of Ag Market News



Bid prices to farmers, FOB Memphis elevators by truck



                 Bids      Change             Basis          Change

Corn       4.0225-4.0625   DN 9-DN 6          8H to 12H      DN 7 to DN 4

Soybeans   10.8125-10.8325 DN 8               33H to 35H     UNCH

SRW Wheat  5.2700          No Comp            -40H           No Comp

Sorghum    8.5600-8.7400   DN 3               85H to 95H     UNCH



Contract Bids for New Crop Delivery

Corn       3.9625-4.0225   DN 2.25            -16U to -10U   UNCH

Soybeans   10.2200-10.2500 DN 8               5X to 8X       UNCH

SRW Wheat  5.8675          DN 11              10N            UNCH

Sorghum    7.1800          DN 6               -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



1351C      hr

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