USDA Memphis, TN Daily Grain 07/24 14:06

USDA Memphis, TN Daily Grain                       07/24 14:06
LR_GR110
Little Rock, AR     Fri, Jul 24, 2020     USDA-AR Ag Dept

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https://www.ams.usda.gov/mnreports/AMS_3088.pdf If you would like to learn more
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Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.4225-3.5125   DN 1.75-DN 6.75    16U to 25U     UNCH to DN 5
Soybeans   9.3075-9.3475   DN 1.5             26Q to 30Q     UNCH
SRW Wheat  5.4450          UP 10              5U             UNCH
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.4225          DN 1.75-DN 3.75    16U            UNCH to DN 2
Soybeans   9.2125-9.2225   DN 0.75-DN 2.75    22X to 23X     UNCH to DN 2
SRW Wheat  5.6075          UP 11.25           10N            UNCH
Sorghum    NA              NA                 NA             NA

* 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
        www.ams.usda.gov/mnreports/lr_gr110.txt
        www.ams.usda.gov/LPSMarketNewsPage

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