Memphis, TN Daily Grain

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Little Rock, AR     Thu, Nov 29, 2012     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.8150          DN 11.75-DN 13.75  30Z            DN 3 to DN 5
Soybeans   14.9600-14.9800 UP 4.75-UP 1.75    48F to 50F     UP 3 to UNCH
SRW Wheat  8.9925          DN 6.75            30Z            UNCH
Sorghum    12.2600-12.3500 DN 16-DN 15        -65Z to -60Z   UNCH

Contract Bids for New Crop Delivery
Corn       6.2775          DN 3               -30U           UNCH
Soybeans   12.9925         UP 4.25            -10X           UNCH
SRW Wheat  8.7150          DN 1               -15N           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

14:27 C    hr


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