Memphis, TN Daily Grain

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Little Rock, AR     Fri, Feb 01, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.5800          DN 2.5-DN 4.5      22H            UP 2 to UNCH
Soybeans   15.0925-15.1225 UP 5.75-DN 1.25    35H to 38H     UNCH to DN 7
SRW Wheat  7.9700-8.0000   DN 12.5-DN 14.5    32H to 35H     UP 2 to UNCH
Sorghum    12.6100         DN 8               -30H           UNCH

Contract Bids for New Crop Delivery
Corn       5.8625-5.9625   UP 1               -30U to -20U   UNCH
Soybeans   13.5550-13.5750 UP 4.75            23X to 25X     UNCH
SRW Wheat  7.6725-7.6825   DN 15              -11N to -10N   UNCH
Sorghum    9.5900-9.7700   UP 2               -55Z to -45Z   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: January 2013

No. 2 Yellow Corn                       7.3394
No. 1 Yellow Soybeans                  14.8457
No. 2 Soft Red Winter Wheat             7.9943
No. 1 Yellow Sorghum                   12.0548

Source: USDA- AR Coop Ext Service, Little Rock, AR
        Steve Cheney 501-671-2200

14:29 C    hr


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