Memphis, TN Daily Grain

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Little Rock, AR     Mon, Feb 11, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.2725          DN 4.75-DN 6.75    25H            UP 2 to UNCH
Soybeans   14.7150-14.7350 DN 21-DN 22        40H to 42H     UNCH to DN 1
SRW Wheat  7.8150          DN 14.75           40H            UNCH
Sorghum    12.0000         DN 13              -30H           UNCH

Contract Bids for New Crop Delivery
Corn       5.4750-5.5750   DN 7.25            -30U to -20U   UNCH
Soybeans   12.9350         DN 13.5            25X            UNCH
SRW Wheat  7.4575          DN 12              -5N            UNCH
Sorghum    9.1700-9.2600   DN 8               -45Z to -40Z   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: 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

14:34 C    hr


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