Memphis, TN Daily Grain

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Little Rock, AR     Mon, Mar 18, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.4900-7.5000   UP 2-UP 1          29K to 30K     DN 1 to DN 2
Soybeans   14.3650-14.3950 DN 19.5-DN 21.5    27K to 30K     DN 3 to DN 5
SRW Wheat  7.3775-7.4275   DN 10.25           25K to 30K     UNCH
Sorghum    12.2300-12.4100 UP 5               -35K to -25K   UNCH

Contract Bids for New Crop Delivery
Corn       5.5825-5.6825   DN 8.5-UP 1.5      -30U to -20U   DN 10 to UNCH
Soybeans   12.8350         DN 2.5             25X            UNCH
SRW Wheat  7.2300          UP 1.75-DN 10.25   10N            UP 10 to DN 2
Sorghum    9.5000          UP 9-UNCH          -30Z           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: February 2013

No. 2 Yellow Corn                       7.3109
No. 1 Yellow Soybeans                  14.9749
No. 2 Soft Red Winter Wheat             7.7097
No. 1 Yellow Sorghum                   12.0895

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

14:26 C    hr


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