Memphis, TN Daily Grain

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Little Rock, AR     Tue, Feb 19, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.2025-7.2525   DN 5.5-DN 3.5      25H to 30H     DN 2 to UNCH
Soybeans   15.0525-15.1025 UP 45.75           35H to 40H     UNCH
SRW Wheat  7.6725-7.7025   DN 10              35H to 38H     UNCH
Sorghum    11.8800         DN 6               -30H           UNCH

Contract Bids for New Crop Delivery
Corn       5.4775-5.5775   DN 4.5             -30U to -20U   UNCH
Soybeans   12.9975         UP 13              25X            UNCH
SRW Wheat  7.4175          DN 4.25            OptN           UP 5
Sorghum    9.1600-9.2500   DN 9               -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

14:30 C    hr


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