Memphis, TN Daily Grain

LR_GR110
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
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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
        www.ams.usda.gov/mnreports/LR_GR110.txt

14:27 C    hr

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1. Ag markets posted mixed showing on Tuesday
2. Plains storms cause minor harm to Oklahoma/Kansas wheat
3. Chocolate milk a top post-workout food
4. Another reason for adults to drink milk
5. Penn State Dairy Team schedules “Tools for Teams” webinars
6. Ag markets generally mixed again Tuesday morning

1. 4 rules for growing a business or industry
2. Seven jobs more dangerous than farming
3. D.C. Watch: Farm bill progressing
4. April milk production up 0.3 percent
5. Class III futures close out quietly last week
6. What are the drivers of profit in your dairy herd?

1. Commentary: Slanting the statistics
2. World food supply depends on character, virtuous leadership
3. Buffet concerned about soil and starvation
4. Cold spring stunts upper Midwest hay crop
5. N.M. rancher charged with 43 counts of animal cruelty
6. 2014 Farm Bill: Are we near an agreement?