Memphis, TN Daily Grain

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LR_GR110
Little Rock, AR     Fri, Jan 04, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.0225-7.0525   DN 7-DN 9          22H to 25H     UP 2 to UNCH
Soybeans   14.2425-14.4225 DN 19.25           57H to 75H     UNCH
SRW Wheat  7.8225-7.8425   DN 8.25            35H to 37H     UNCH
Sorghum    11.4300         DN 16              -40H           UNCH

Contract Bids for New Crop Delivery
Corn       5.6950-5.7450   DN 15              -25U to -20U   UNCH
Soybeans   12.7700         DN 14.75           OptX           UNCH
SRW Wheat  7.4525          DN 8               -18N           UNCH
Sorghum    9.1400-9.2300   DN 28              -60Z to -55Z   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: December 2012

No. 2 Yellow Corn                       7.3191
No. 1 Yellow Soybeans                  15.1197
No. 2 Soft Red Winter Wheat             8.2781
No. 1 Yellow Sorghum                   11.8300

Source: USDA- AR Coop Ext Service, Little Rock, AR
        Steve Cheney 501-671-2200
        www.ams.usda.gov/mnreports/LR_GR110.txt

14:26 C    hr

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