Memphis, TN Daily Grain

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Little Rock, AR     Thu, Feb 21, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.1575-7.2075   DN 9.75            25H to 30H     UNCH
Soybeans   15.2775         UP 10-UP 5         40H            UP 5 to UNCH
SRW Wheat  7.5625-7.6125   DN 17.25           35H to 40H     UNCH
Sorghum    11.8000         DN 17              -30H           UNCH

Contract Bids for New Crop Delivery
Corn       5.4400-5.5400   DN 7.25            -30U to -20U   UNCH
Soybeans   13.0200         DN 10              25X            UNCH
SRW Wheat  7.2800          DN 20              OptN           UNCH
Sorghum    9.0900-9.1800   DN 13              -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

14:25 C    hr


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