Memphis, TN Daily Grain

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Little Rock, AR     Wed, Feb 20, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.2550-7.3050   UP 5.25            25H to 30H     UNCH
Soybeans   15.1775-15.2275 UP 12.5            35H to 40H     UNCH
SRW Wheat  7.7350-7.7850   UP 6.25-UP 8.25    35H to 40H     UNCH to UP 2
Sorghum    11.9700         UP 9               -30H           UNCH

Contract Bids for New Crop Delivery
Corn       5.5125-5.6125   UP 3.5             -30U to -20U   UNCH
Soybeans   13.1200         UP 12.25           25X            UNCH
SRW Wheat  7.4800          UP 6.25            OptN           UNCH
Sorghum    9.2200-9.3100   UP 6               -45Z 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

14:30 C    hr


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