LR_GR110
Little Rock, AR     Mon, Jul 06, 2009     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.1975-3.3775   DN 16-DN 11        -15U to 3U     DN 5 to UNCH
Soybeans   12.0350         DN 35.5            85Q            UNCH
SRW Wheat  4.0925-4.3425   DN 7.75-DN 4.75    -110U to -85U  UP 2 to UP 5
Sorghum    5.1700          DN 32              -55Z           DN 5

Contract Bids for New Crop Delivery
Corn       3.1675-3.1975   DN 9-DN 8          -18U to -15U   UP 2 to UP 3
Soybeans   9.5800-9.6300   DN 43              -5X to OptX    UNCH
SRW Wheat  NQ              NQ                 NQ             NQ
Sorghum    5.1700-5.2500   DN 23-DN 24        -55Z to -50Z   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: June 2009

No. 2 Yellow Corn                       4.0530
No. 1 Yellow Soybeans                  12.2839
No. 2 Soft Red Winter Wheat             5.1270
No. 1 Yellow Sorghum                    6.1818

Source: USDA-AR Extension Service, Little Rock, AR
        Steve Cheney     Phone: 501-671-2200
        www.ams.usda.gov/mnreports/LR_GR110.txt

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