Memphis, TN Daily Grain

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Little Rock, AR     Fri, Dec 07, 2012     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.4125-7.4925   DN 18.25-DN 17.25  4H to 12H      DN 4 to DN 3
Soybeans   15.1025-15.1725 DN 21-DN 19        38f to 45F     DN 2 to UNCH
SRW Wheat  8.5100-8.6100   DN 11-DN 13        -10H to OptH   DN 10 to DN 12
Sorghum    11.9200-12.0000 DN 34-DN 35        -70H to -65H   DN 5

Contract Bids for New Crop Delivery
Corn       6.1775-6.2775   DN 6-DN 4          -40U to -30U   UNCH to UP 2
Soybeans   13.1900         DN 5.75            -10X           UNCH
SRW Wheat  8.5875          UP 0.75-DN 3.25    -15N           UNCH to DN 4
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: November 2012

No. 2 Yellow Corn                       7.6422
No. 1 Yellow Soybeans                  14.9216
No. 2 Soft Red Winter Wheat             8.6599
No. 1 Yellow Sorghum                   12.0547

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

14:28 C    hr


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