Memphis, TN Daily Grain

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LR_GR110
Little Rock, AR     Tue, Feb 26, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.2500          UP 6.5             20H            DN 5
Soybeans   14.7775         DN 2.5-DN 8.5      30H            UP 1 to DN 5
SRW Wheat  7.3575-7.3675   UP 6.5-UP 2.5      30H to 31H     UNCH to DN 4
Sorghum    12.0500         UP 20              -30H           UNCH

Contract Bids for New Crop Delivery
Corn       5.4925-5.5925   UP 7.25            -30U to -20U   UNCH
Soybeans   12.8275         DN 7.75            25X            UNCH
SRW Wheat  7.1400          UP 4               OptN           UNCH
Sorghum    9.2200-9.3400   UP 11-UP 23        -40Z to -33Z   UNCH to UP 7

* 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: 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
        www.ams.usda.gov/mnreports/LR_GR110.txt

14:32 C    hr

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