Memphis, TN Daily Grain

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Little Rock, AR     Fri, Jan 11, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.2875-7.2975   UP 10-UP 8         20H to 21H     UNCH to DN 2
Soybeans   14.4125-14.4325 DN 8.5-DN 6.5      68H to 70H     DN 2 to UNCH
SRW Wheat  7.8275-7.8475   UP 13.25-UP 10.25  28H to 30H     UP 3 to UNCH
Sorghum    11.9400         UP 18              -40H           UNCH

Contract Bids for New Crop Delivery
Corn       5.7700-5.8200   DN 5.25            -25U to -20U   UNCH
Soybeans   12.7125-12.7425 DN 10.75-DN 12.75  5X to 8X       UP 5 to UP 3
SRW Wheat  7.5200          UP 6.75            -15N           UNCH
Sorghum    9.2300-9.3200   DN 13              -60Z to -55Z   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: December 2012

No. 2 Yellow Corn                       7.3191
No. 1 Yellow Soybeans                  15.1197
No. 2 Soft Red Winter Wheat             8.2781
No. 1 Yellow Sorghum                   11.8300

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

14:31 C    hr


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