Memphis Daily Grain Report
LITTLE ROCK - Jun 11/10 - SNS -- Corn, soybean, wheat and sorghum price updates delivered elevators in the Memphis region.
Bid prices to farmers, FOB Memphis elevators by truck
Bids Change Basis Change
Corn 3.4950-3.5250 UP 6.25 OptN to 3N UNCH
Soybeans 9.6625-9.6925 UP 11.25 20N to 23N UNCH
SRW Wheat 4.7075 UP 7.5 30N UNCH
Sorghum 6.3300 UP 11 5N UNCH
Contract Bids for New Crop Delivery
Corn 3.4100-3.4200 UP 6.5 -18U to -17U UNCH
Soybeans 9.0925 UP 14.5 OptX UNCH
SRW Wheat NQ NQ NQ NQ
Sorghum 6.1800 UP 12 -25Z UNCH
* All bids are $/bu except Sorghum, which is $/cwt.
NA = Not Available NQ = No Quote 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
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Monthly Prices for: May 2010
No. 2 Yellow Corn 3.7328
No. 1 Yellow Soybeans 9.5926
No. 2 Soft Red Winter Wheat 4.5099
No. 1 Yellow Sorghum 6.5130
Source: USDA-AR Extension Service, Little Rock, AR
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