Memphis, TN Daily Grain

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Little Rock, AR     Thu, Feb 14, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.2175-7.2275   DN 0.75            27H to 28H     UNCH
Soybeans   14.5800         DN 5-DN 9          40H            UNCH to DN 4
SRW Wheat  7.7200          DN 3.5             40H            UNCH
Sorghum    11.8700         DN 1               -30H           UNCH

Contract Bids for New Crop Delivery
Corn       5.5300-5.6300   UNCH               -30U to -20U   UNCH
Soybeans   12.8975         DN 7.75            25X            UNCH
SRW Wheat  7.3875          DN 2               -5N            UNCH
Sorghum    9.1700-9.3500   DN 1               -50Z to -40Z   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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