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Memphis Daily Quotes

LR_GR110
Little Rock, AR     Thu May 28, 2015     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.7350-3.7650   UP 4               20N to 23N     UNCH
Soybeans   9.5100-9.6600   DN 1               25N to 40N     UNCH
SRW Wheat  4.4875          UP 1               -40N           UNCH
Sorghum    6.8500-7.3800   UP 7               30N to 60N     UNCH

Contract Bids for New Crop Delivery
Corn       3.4450-3.5950   UP 3.75            -15U to OptU   UNCH
Soybeans   9.1200          DN 4.5-DN 9.5      10X            UNCH to DN 5
SRW Wheat  5.0875          UP 1               20N            UNCH
Sorghum    7.7700-7.9500   UP 6               65Z to 75Z     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: April 2015

No. 2 Yellow Corn                       3.9785
No. 1 Yellow Soybeans                   9.9473
No. 2 Soft Red Winter Wheat             4.6176
No. 1 Yellow Sorghum                    7.9836

Source: USDA-AR Coop Ext Service, Little Rock, AR
        James M. Ward  501-671-2203
        www.ams.usda.gov/mnreports/lr_gr110.txt
        www.ams.usda.gov/LPSMarketNewsPage

1348C      JMW

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