Memphis, TN Daily Grain

LR_GR110
Little Rock, AR     Thu, Jan 24, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.3925-7.4225   UP 3.5-UP 5.5      15H to 18H     UNCH to UP 2
Soybeans   14.9525-15.0025 UP 0.25-UP 3.25    60H to 65H     UP 2 to UP 5
SRW Wheat  7.9850-8.0350   DN 3.25-DN 1.25    30H to 35H     UP 3 to UP 5
Sorghum    12.2200         UP 6               -40H           UNCH

Contract Bids for New Crop Delivery
Corn       5.7325-5.8825   DN 3.75            -35U to -20U   UNCH
Soybeans   13.2575-13.2775 UP 6.25-UP 4.25    20X to 22X     UP 5 to UP 3
SRW Wheat  7.7025-7.7325   DN 4.5-DN 3.5      -12N to -9N    UP 2 to UP 3
Sorghum    9.4700-9.5600   UNCH-DN 9          -55Z to -50Z   UP 5 to 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
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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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1. Help for flood affected farmers
2. Ag markets diverged significantly Friday afternoon
3. Vilsack: Food, Farm and Jobs Bill critical for U.S. producers
4. Ag markets decidedly mixed on Friday morning
5. Dairy among best snacks for diabetics
6. Farmers dodge showers to plant corn at breakneck pace

1. Beware of the soy milk after-taste face
2. Monsters love milk, too
3. What sick day? Farmers take just three a year
4. Salma Hayek: Milk part of 'perfect' breakfast
5. Activists at the door
6. IDFA: Opposition to Dairy Supply Management mounts

1. Analysis: Dairy Security Act better for farmers, taxpayers
2. IDFA: Opposition to Dairy Supply Management mounts
3. World food supply depends on character, virtuous leadership
4. Commentary: Slanting the statistics
5. Cold spring stunts upper Midwest hay crop
6. Buffet concerned about soil and starvation