Memphis, TN Daily Grain

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Little Rock, AR     Mon, Jan 28, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.4725          UP 11.5-UP 8.5     18H            UP 3 to UNCH
Soybeans   15.1575-15.1775 UP 14.75-UP 11.75  68H to 70H     UP 8 to UP 5
SRW Wheat  8.1425-8.1525   UP 2.75-UP 3.75    35H to 36H     UNCH to UP 1
Sorghum    12.3100         UP 15              -40H           UNCH

Contract Bids for New Crop Delivery
Corn       5.7850-5.9350   UP 6.25            -35U to -20U   UNCH
Soybeans   13.3500         UP 7               25X            UNCH
SRW Wheat  7.8350-7.8750   UP 4               -9N to -5N     UNCH
Sorghum    9.5500-9.7300   UP 10-UP 19        -55Z to -45Z   UNCH to UP 5

* 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

14:26 C    hr


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