Memphis, TN Daily Grain

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

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.5500-7.5800   DN 2.5-DN 3.5      22K to 25K     DN 3 to DN 4
Soybeans   14.7600-14.7900 UP 29.25           27K to 30K     UNCH
SRW Wheat  7.4875-7.5875   DN 17.25-DN 7.25   20K to 30K     DN 10 to UNCH
Sorghum    12.4600-12.6400 UNCH-UP 1          -35K to -25K   UNCH

Contract Bids for New Crop Delivery
Corn       5.7825          UP 3.25            -20U           UNCH
Soybeans   13.0025         UP 14.25           25X            UNCH
SRW Wheat  7.3250-7.3750   DN 11.5-DN 6.5     5N to 10N      DN 5 to UNCH
Sorghum    9.6200-9.7900   UP 3-UP 2          -30Z to -20Z   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: February 2013

No. 2 Yellow Corn                       7.3109
No. 1 Yellow Soybeans                  14.9749
No. 2 Soft Red Winter Wheat             7.7097
No. 1 Yellow Sorghum                   12.0895

Source: USDA- AR Coop Ext Service, Little Rock, AR
        Steve Cheney 501-671-2200

14:24 C    hr


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