Memphis, TN Daily Grain

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Little Rock, AR     Wed, Feb 13, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.2250-7.2350   UP 1.25-UP 2.25    27H to 28H     UP 2 to UP 3
Soybeans   14.6300-14.6700 UP 2.25-UP 1.25    40H to 44H     UNCH to DN 1
SRW Wheat  7.7550          UP 3.5             40H            UNCH
Sorghum    11.8800         DN 2               -30H           UNCH

Contract Bids for New Crop Delivery
Corn       5.5300-5.6300   UP 1.75            -30U to -20U   UNCH
Soybeans   12.9750         DN 3.5             25X            UNCH
SRW Wheat  7.4075          UP 4.5             -5N            UNCH
Sorghum    9.1800-9.3600   DN 7-UP 2          -50Z to -40Z   DN 5 to 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

14:28 C    hr


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