Memphis, TN Daily Grain

LR_GR110
Little Rock, AR     Mon, Jan 28, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.4725          UP 11.5-UP 8.5     18H            UP 3 to UNCH
Soybeans   15.1575-15.1775 UP 14.75-UP 11.75  68H to 70H     UP 8 to UP 5
SRW Wheat  8.1425-8.1525   UP 2.75-UP 3.75    35H to 36H     UNCH to UP 1
Sorghum    12.3100         UP 15              -40H           UNCH

Contract Bids for New Crop Delivery
Corn       5.7850-5.9350   UP 6.25            -35U to -20U   UNCH
Soybeans   13.3500         UP 7               25X            UNCH
SRW Wheat  7.8350-7.8750   UP 4               -9N to -5N     UNCH
Sorghum    9.5500-9.7300   UP 10-UP 19        -55Z to -45Z   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
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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

14:26 C    hr

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1. Commentary: Branding dilemma (or milk by any other name)
2. Treating hypocalcemia routinely
3. Ongoing wave of Calif. metal theft prompts further legislation
4. University workshops address workforce management issues
5. Ag markets posted a general advance mid-day Wednesday
6. Can you guess your cow's NEFAs?

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4. What do dairy exports mean for Minnesota?
5. D.C. Watch: Farm bill progressing
6. April milk production up 0.3 percent

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2. Seven jobs more dangerous than farming
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4. 2014 Farm Bill: Are we near an agreement?
5. Farm bill and immigration reform action needed
6. Class III futures close out quietly last week