Memphis, TN Daily Grain

LR_GR110
Little Rock, AR     Thu, Feb 07, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.3375-7.3575   DN 10.75-DN 11.75  23H to 25H     UP 1 to UNCH
Soybeans   15.2675-15.2975 DN 0.75            40H to 43H     UNCH
SRW Wheat  7.9100-7.9600   DN 5.5             35H to 40H     UNCH
Sorghum    12.1600         DN 21              -30H           UNCH

Contract Bids for New Crop Delivery
Corn       5.5925-5.6925   DN 14.25           -30U to -20U   UNCH
Soybeans   13.4900         DN 12              25X            UNCH
SRW Wheat  7.5850          DN 8.75            -5N            UNCH
Sorghum    9.3100          DN 22              -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
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Monthly Prices for: January 2013

No. 2 Yellow Corn                       7.3394
No. 1 Yellow Soybeans                  14.8457
No. 2 Soft Red Winter Wheat             7.9943
No. 1 Yellow Sorghum                   12.0548

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

14:30 C    hr

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