Memphis, TN Daily Grain

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Little Rock, AR     Thu, Jan 31, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.6050-7.6250   UP 2.25            20H to 22H     UP 2
Soybeans   15.0350-15.1350 DN 30.25-DN 25.25  35H to 45H     DN 20 to DN 15
SRW Wheat  8.0950-8.1450   DN 12.5-DN 7.5     30H to 35H     DN 5 to UNCH
Sorghum    12.6900         UP 19              -30H           UP 10

Contract Bids for New Crop Delivery
Corn       5.8525-5.9525   UP 3.5-DN 1.5      -30U to -20U   UP 5 to UNCH
Soybeans   13.5075-13.5275 DN 2-DN 5          23X to 25X     UP 3 to UNCH
SRW Wheat  7.8225-7.8325   DN 7-DN 12         -11N to -10N   UNCH to DN 5
Sorghum    9.5700-9.7500   DN 4               -55Z to -45Z   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

14:32 C    hr


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