Memphis, TN Daily Grain

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Little Rock, AR     Fri, Jan 25, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.3575-7.3875   DN 3.5             15H to 18H     UNCH
Soybeans   15.0100-15.0600 UP 5.75            60H to 65H     UNCH
SRW Wheat  8.1150          UP 13-UP 8         35H            UP 5 to UNCH
Sorghum    12.1600         DN 6               -40H           UNCH

Contract Bids for New Crop Delivery
Corn       5.7225-5.8725   DN 1               -35U to -20U   UNCH
Soybeans   13.2800         UP 2.25-UP 0.25    25X            UP 5 to UP 3
SRW Wheat  7.7950-7.8350   UP 9.25-UP 10.25   -9N to -5N     UP 3 to UP 4
Sorghum    9.4500-9.5400   DN 2               -55Z 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

14:27 C    hr


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