Memphis, TN Daily Grain

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Little Rock, AR     Fri, Nov 16, 2012     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.6200-7.6400   UP 6.75-UP 7.75    35z to 37z     UP 1 to UP 2
Soybeans   14.3025-14.3125 DN 18.75           47f to 48f     UNCH
SRW Wheat  8.5300-8.6200   DN 2.5-UP 1.5      15z to 24z     UP 5 to UP 9
Sorghum    11.8200-11.9100 UP 10              -65z to -60z   UNCH

Contract Bids for New Crop Delivery
Corn       5.9850-6.0350   UP 1.25            -30u to -25u   UNCH
Soybeans   NQ              NQ                 NQ             NQ
SRW Wheat  8.3075-8.3575   DN 11.75-DN 8.75   -15n to -10n   DN 3 to UNCH
Sorghum    NQ              NQ                 NQ             NQ

* 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
Monthly Prices for: October 2012

No. 2 Yellow Corn                       7.3267
No. 1 Yellow Soybeans                  15.4561
No. 2 Soft Red Winter Wheat             8.1997
No. 1 Yellow Sorghum                   11.6061

Source: USDA- AR Coop Ext Service, Little Rock, AR
        Steve Cheney 501-671-2200

14:26 C    hr


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