Memphis, TN Daily Grain

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LR_GR110
Little Rock, AR     Fri, Jul 12, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       6.4550-6.4950   DN 1.25-DN 72.25   100U to 104U   UP 14 to NO COMP
Soybeans   14.7700-14.7900 DN 25-DN 43        48Q to 50Q     UP 18 to UNCH
SRW Wheat  6.8300-6.8600   UP 4-DN 2          2U to 5U       UP 6 to UNCH
Sorghum    8.3800-9.9900   DN 32-DN 281       -40Z to 50Z    UNCH to NO COMP

Contract Bids for New Crop Delivery
Corn       5.3050-5.3150   DN 15.25           -15U to -14U   UNCH
Soybeans   12.8225-12.8325 DN 32.5            25X to 26X     UP 1
SRW Wheat  NQ              NQ                 NQ             NQ
Sorghum    9.4200          DN 31-DN 33        18Z            UNCH to DN 1

* 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: June 2013

No. 2 Yellow Corn                       6.9671
No. 1 Yellow Soybeans                  15.4470
No. 2 Soft Red Winter Wheat             6.9559
No. 1 Yellow Sorghum                   11.4693

Source: USDA- AR Coop Ext Service, Little Rock, AR
        Steve Cheney 501-671-2200
        www.ams.usda.gov/mnreports/LR_GR110.txt

13:51 C    hr

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