Memphis, TN Daily Grain

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LR_GR110
Little Rock, AR     Wed, Jan 09, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.1925          UP 5.5             25H            UNCH
Soybeans   14.4950-14.5550 DN 2-DN 1          64H to 70H     DN 1 to UNCH
SRW Wheat  7.7050-7.7550   DN 5               25H to 30H     UNCH
Sorghum    11.6800         UP 10              -40H           UNCH

Contract Bids for New Crop Delivery
Corn       5.7925-5.8425   UP 5               -25U to -20U   UNCH
Soybeans   12.8900-12.9400 UP 3.25            OptX to 5X     UNCH
SRW Wheat  7.4150-7.4650   DN 7.75-DN 5.75    -20N to -15N   DN 2 to UNCH
Sorghum    9.3200-9.4100   UP 7-UP 8          -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

14:36 C    hr

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