Memphis, TN Daily Grain

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Little Rock, AR     Mon, Jan 07, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.1050          UP 8.25-UP 5.25    25H            UP 3 to UNCH
Soybeans   14.5850-14.6350 UP 34.25-UP 21.25  70H to 75H     UP 13 to UNCH
SRW Wheat  7.8625-7.9125   UP 4-UP 7          35H to 40H     UNCH to UP 3
Sorghum    11.5300         UP 10              -40H           UNCH

Contract Bids for New Crop Delivery
Corn       5.7175-5.7675   UP 2.25            -25U to -20U   UNCH
Soybeans   12.8475         UP 7.75            OptX           UNCH
SRW Wheat  7.4975          UP 4.5             -18N           UNCH
Sorghum    9.1900-9.2800   UP 5               -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

14:20 C    hr


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