Memphis, TN Daily Grain

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Little Rock, AR     Wed, May 15, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       6.9375-6.9575   DN 3.75-DN 1.75    43N to 45N     DN 2 to UNCH
Soybeans   14.9775-15.0775 DN 3-DN 7          85N to 95N     DN 1 to DN 5
SRW Wheat  7.0375-7.0575   DN 17              10N to 12N     UNCH
Sorghum    10.9100-11.6200 DN 3               -40N to OptN   UNCH

Contract Bids for New Crop Delivery
Corn       5.4350-5.5350   DN 6.25            -20U to -10U   UNCH
Soybeans   12.2975         DN 4.25            20X            UNCH
SRW Wheat  7.0375-7.0575   DN 17              10N to 12N     UNCH
Sorghum    9.4100-9.5000   DN 11              -5Z to OptZ    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: April 2013

No. 2 Yellow Corn                       6.6550
No. 1 Yellow Soybeans                  14.4310
No. 2 Soft Red Winter Wheat             7.1407
No. 1 Yellow Sorghum                   11.0173

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

13:39 C    hr


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