Memphis, TN Daily Grain

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Little Rock, AR     Tue, Jan 08, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.1375          UP 3.25            25H            UNCH
Soybeans   14.5150-14.5650 DN 7               65H to 70H     DN 5
SRW Wheat  7.7550-7.8050   DN 10.75           25H to 30H     DN 10
Sorghum    11.5800         UP 5               -40H           UNCH

Contract Bids for New Crop Delivery
Corn       5.7425-5.7925   UP 2.5             -25U to -20U   UNCH
Soybeans   12.8575-12.9075 UP 1-UP 6          OptX to 5X     UNCH to UP 5
SRW Wheat  7.4925-7.5225   DN 0.5-UP 2.5      -18N to -15N   UNCH to UP 3
Sorghum    9.2500-9.3300   UP 6-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

14:28 C    hr


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