Memphis, TN Daily Grain

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Little Rock, AR     Thu, Feb 28, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.3950-7.4350   UP 10-UP 14        20H to 24H     UNCH to UP 4
Soybeans   14.9925-15.0025 UP 11.75-UP 12.75  25H to 26H     DN 5 to DN 4
SRW Wheat  7.3775          UP 3.5             30H            UNCH
Sorghum    12.3100         UP 18              -30H           UNCH

Contract Bids for New Crop Delivery
Corn       5.5275-5.6275   UP 5               -30U to -20U   UNCH
Soybeans   12.8450         UP 2.25            25X            UNCH
SRW Wheat  7.1650          UP 1.5             OptN           UNCH
Sorghum    9.2300-9.3600   UP 6               -40Z to -33Z   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

14:32 C    hr


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