Memphis, TN Daily Grain

LR_GR110
Little Rock, AR     Wed, Jan 16, 2013     USDA-AR Dept of Ag Market News

*This report will not be released on Monday, January 21, 2013 as our offices
will be closed in observance of the Martin Luther King, Jr. Holiday. If you have
any questions or concerns, please contact us at Heather.Riley@ams.usda.gov.*


Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.4625-7.4925   UP 0.75            15H to 18H     UNCH
Soybeans   15.1150         UP 23              75H            UNCH
SRW Wheat  8.1000-8.1500   UP 2.25            25H to 30H     UNCH
Sorghum    12.3400         UP 1               -40H           UNCH

Contract Bids for New Crop Delivery
Corn       5.8300-5.9800   UP 4               -35U to -20U   UNCH
Soybeans   13.0600-13.1000 UP 13.75           9X to 13X      UNCH
SRW Wheat  7.8225          UP 3               -15N           UNCH
Sorghum    9.5000-9.5900   UP 5               -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
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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
        www.ams.usda.gov/mnreports/LR_GR110.txt

14:25 C    hr

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