Memphis, TN Daily Grain

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LR_GR110
Little Rock, AR     Wed, Feb 27, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.2950          UP 4.5             20H            UNCH
Soybeans   14.8750         UP 9.75            30H            UNCH
SRW Wheat  7.3425          DN 1.5-DN 2.5      30H            UNCH to DN 1
Sorghum    12.1300         UP 8               -30H           UNCH

Contract Bids for New Crop Delivery
Corn       5.4775-5.5775   DN 1.5             -30U to -20U   UNCH
Soybeans   12.8225         DN 0.5             25X            UNCH
SRW Wheat  7.1500          UP 1               OptN           UNCH
Sorghum    9.1700-9.3000   DN 5-DN 4          -40Z to -33Z   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
        www.ams.usda.gov/mnreports/LR_GR110.txt

14:27 C    hr

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