Memphis, TN Daily Grain

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LR_GR110
Little Rock, AR     Tue, Jan 22, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.4350-7.4450   UP 1               15H to 16H     UNCH
Soybeans   15.1175-15.1375 UP 22.5            60H to 62H     UNCH
SRW Wheat  8.0625-8.0925   DN 12              27H to 30H     UNCH
Sorghum    12.2900         UP 1               -40H           UNCH

Contract Bids for New Crop Delivery
Corn       5.7775-5.9275   DN 0.75            -35U to -20U   UNCH
Soybeans   13.2750         UP 20.25           15X            UNCH
SRW Wheat  7.7925-7.8125   DN 11.25           -14N to -12N   UNCH
Sorghum    9.4600-9.6400   DN 1               -60Z to -50Z   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
------------------------------------------------------------------------------
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

14:27 C    hr

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