Memphis, TN Daily Grain

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Little Rock, AR     Mon, Feb 25, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.1850          UP 3.25            25H            UNCH
Soybeans   14.8025-14.8625 DN 21-DN 15        29H to 35H     DN 11 to DN 5
SRW Wheat  7.2925-7.3425   DN 15.75           30H to 35H     UNCH
Sorghum    11.8500         UP 6               -30H           UNCH

Contract Bids for New Crop Delivery
Corn       5.4200-5.5200   DN 1               -30U to -20U   UNCH
Soybeans   12.9050         UP 0.5             25X            UNCH
SRW Wheat  7.1000          DN 13.5            OptN           UNCH
Sorghum    9.1100          UP 4-DN 5          -40Z           UP 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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