Memphis, TN Daily Grain

LR_GR110
Little Rock, AR     Mon, Jan 07, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.1050          UP 8.25-UP 5.25    25H            UP 3 to UNCH
Soybeans   14.5850-14.6350 UP 34.25-UP 21.25  70H to 75H     UP 13 to UNCH
SRW Wheat  7.8625-7.9125   UP 4-UP 7          35H to 40H     UNCH to UP 3
Sorghum    11.5300         UP 10              -40H           UNCH

Contract Bids for New Crop Delivery
Corn       5.7175-5.7675   UP 2.25            -25U to -20U   UNCH
Soybeans   12.8475         UP 7.75            OptX           UNCH
SRW Wheat  7.4975          UP 4.5             -18N           UNCH
Sorghum    9.1900-9.2800   UP 5               -60Z to -55Z   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: December 2012

No. 2 Yellow Corn                       7.3191
No. 1 Yellow Soybeans                  15.1197
No. 2 Soft Red Winter Wheat             8.2781
No. 1 Yellow Sorghum                   11.8300

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

14:20 C    hr

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1. Help for flood affected farmers
2. Ag markets diverged significantly Friday afternoon
3. Vilsack: Food, Farm and Jobs Bill critical for U.S. producers
4. Ag markets decidedly mixed on Friday morning
5. Dairy among best snacks for diabetics
6. Farmers dodge showers to plant corn at breakneck pace

1. Beware of the soy milk after-taste face
2. Monsters love milk, too
3. What sick day? Farmers take just three a year
4. Salma Hayek: Milk part of 'perfect' breakfast
5. Activists at the door
6. IDFA: Opposition to Dairy Supply Management mounts

1. Analysis: Dairy Security Act better for farmers, taxpayers
2. IDFA: Opposition to Dairy Supply Management mounts
3. World food supply depends on character, virtuous leadership
4. Commentary: Slanting the statistics
5. Cold spring stunts upper Midwest hay crop
6. Buffet concerned about soil and starvation