Memphis, TN Daily Grain

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Little Rock, AR     Thu, May 09, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       6.9075-6.9875   UP 16.75-UP 15.75  42N to 50N     UP 1 to UNCH
Soybeans   14.9375         UP 29-UP 28        85N            UP 11 to UP 10
SRW Wheat  7.3650-7.4350   UP 17.5            13N to 20N     UNCH
Sorghum    10.8700-11.5800 UP 28              -40N to OptN   UNCH

Contract Bids for New Crop Delivery
Corn       5.4600-5.5600   UP 12.25-UP 22.25  -20U to -10U   UNCH to UP 10
Soybeans   12.3700-12.3900 UP 4.75-UP 6.75    18X to 20X     UNCH to UP 2
SRW Wheat  7.3550-7.3650   UP 19.5-UP 18.5    12N to 13N     UP 2 to UP 1
Sorghum    9.5800-9.6700   UP 17-UP 26        -5Z to OptZ    UNCH to UP 5

* 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: April 2013

No. 2 Yellow Corn                       6.6550
No. 1 Yellow Soybeans                  14.4310
No. 2 Soft Red Winter Wheat             7.1407
No. 1 Yellow Sorghum                   11.0173

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

13:58 C    hr


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