Memphis, TN Daily Grain

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

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.5750-7.6150   UNCH-UP 3          25K to 29K     DN 4 to DN 1
Soybeans   14.4675-14.4975 UP 13              27K to 30K     UNCH
SRW Wheat  7.6600          UP 14              30K            UNCH
Sorghum    12.4600-12.6300 UP 8-UP 7          -35K to -25K   UNCH

Contract Bids for New Crop Delivery
Corn       5.7500          UP 4.75            -20U           UNCH
Soybeans   12.8600         UP 5.5             25X            UNCH
SRW Wheat  7.4400          UP 13.25           10N            UNCH
Sorghum    9.5900-9.7700   UP 9               -30Z to -20Z   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: February 2013

No. 2 Yellow Corn                       7.3109
No. 1 Yellow Soybeans                  14.9749
No. 2 Soft Red Winter Wheat             7.7097
No. 1 Yellow Sorghum                   12.0895

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

14:27 C    hr


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