Memphis, TN Daily Grain

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Little Rock, AR     Tue, Feb 12, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.2125          DN 6               25H            UNCH
Soybeans   14.6075-14.6575 DN 10.75-DN 7.75   40H to 45H     UNCH to UP 3
SRW Wheat  7.7200          DN 9.5             40H            UNCH
Sorghum    11.9000         DN 10              -30H           UNCH

Contract Bids for New Crop Delivery
Corn       5.5125-5.6125   UP 3.75            -30U to -20U   UNCH
Soybeans   13.0100         UP 7.5             25X            UNCH
SRW Wheat  7.3625          DN 9.5             -5N            UNCH
Sorghum    9.2500-9.3400   UP 8               -45Z to -40Z   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: January 2013

No. 2 Yellow Corn                       7.3394
No. 1 Yellow Soybeans                  14.8457
No. 2 Soft Red Winter Wheat             7.9943
No. 1 Yellow Sorghum                   12.0548

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

14:30 C    hr


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