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USDA - AMS: Memphis Daily Grain (2020-07-14)

USDA U.S. Department of Agriculture - July 14, 2020

Little Rock, AR     Tue, Jul 14, 2020     USDA-AR Ag Dept

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Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.4000          DN 2.75            14U            UNCH
Soybeans   9.0800          UP 4               30Q            UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.4000-3.4100   DN 2.75-DN 5.75    14U to 15U     UNCH to DN 3
Soybeans   8.9750          UP 4.25-UP 1.25    20X            UP 2 to DN 1
SRW Wheat  NA              NA                 NA             NA
Sorghum    6.3200          DN 5               20Z            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: June 2020

No. 2 Yellow Corn                       3.4719
No. 1 Yellow Soybeans                   8.9602
No. 2 Soft Red Winter Wheat             5.1043
No. 1 Yellow Sorghum                        NA

Source: USDA-AR Agriculture Dept, Little Rock, AR
        Heather Riley  501-823-1743

1351C      hr

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