Memphis, TN Daily Grain

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Little Rock, AR     Thu, Jan 10, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.1875-7.2175   DN 0.5-UP 2.5      20H to 23H     DN 5 to DN 2
Soybeans   14.4975         UP 0.25-DN 5.75    70H            UP 6 to UNCH
SRW Wheat  7.6950-7.7450   DN 1               25H to 30H     UNCH
Sorghum    11.7600         UP 8               -40H           UNCH

Contract Bids for New Crop Delivery
Corn       5.8225-5.8725   UP 3               -25U to -20U   UNCH
Soybeans   12.8200-12.8700 DN 7               OptX to 5X     UNCH
SRW Wheat  7.4525          UP 3.75-DN 1.25    -15N           UP 5 to UNCH
Sorghum    9.3600-9.4500   UP 4               -60Z to -55Z   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: December 2012

No. 2 Yellow Corn                       7.3191
No. 1 Yellow Soybeans                  15.1197
No. 2 Soft Red Winter Wheat             8.2781
No. 1 Yellow Sorghum                   11.8300

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

14:29 C    hr


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