Memphis, TN Daily Grain

LR_GR110
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
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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
        www.ams.usda.gov/mnreports/LR_GR110.txt

14:26 C    hr

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1. Ag markets posted mixed showing on Tuesday
2. Plains storms cause minor harm to Oklahoma/Kansas wheat
3. Chocolate milk a top post-workout food
4. Another reason for adults to drink milk
5. Penn State Dairy Team schedules “Tools for Teams” webinars
6. Ag markets generally mixed again Tuesday morning

1. 4 rules for growing a business or industry
2. Seven jobs more dangerous than farming
3. D.C. Watch: Farm bill progressing
4. April milk production up 0.3 percent
5. Chocolate milk a top post-workout food
6. Class III futures close out quietly last week

1. Commentary: Slanting the statistics
2. World food supply depends on character, virtuous leadership
3. Buffet concerned about soil and starvation
4. Cold spring stunts upper Midwest hay crop
5. N.M. rancher charged with 43 counts of animal cruelty
6. 2014 Farm Bill: Are we near an agreement?