Memphis, TN Daily Grain

LR_GR110
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
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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

14:25 C    hr

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1. Ag markets posted mixed showing on Tuesday
2. Plains storms cause minor harm to Oklahoma/Kansas wheat
3. Chocolate milk a top post-workout food
4. Another reason for adults to drink milk
5. Penn State Dairy Team schedules “Tools for Teams” webinars
6. Ag markets generally mixed again Tuesday morning

1. 4 rules for growing a business or industry
2. Seven jobs more dangerous than farming
3. D.C. Watch: Farm bill progressing
4. April milk production up 0.3 percent
5. Chocolate milk a top post-workout food
6. Class III futures close out quietly last week

1. Commentary: Slanting the statistics
2. World food supply depends on character, virtuous leadership
3. Buffet concerned about soil and starvation
4. Cold spring stunts upper Midwest hay crop
5. N.M. rancher charged with 43 counts of animal cruelty
6. 2014 Farm Bill: Are we near an agreement?