Memphis, TN Daily Grain

LR_GR110
Little Rock, AR     Mon, Jan 14, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.3900-7.4200   UP 10.25-UP 12.25  15H to 18H     DN 5 to DN 3
Soybeans   14.8800-14.9300 UP 46.75-UP 49.75  70H to 75H     UP 2 to UP 5
SRW Wheat  7.9200-7.9700   UP 9.25-UP 12.25   25H to 30H     DN 3 to UNCH
Sorghum    12.2100         UP 27              -40H           UNCH

Contract Bids for New Crop Delivery
Corn       5.8500-5.9000   UP 8               -25U to -20U   UNCH
Soybeans   12.9425-12.9525 UP 23-UP 21        8X to 9X       UP 3 to UP 1
SRW Wheat  7.6200          UP 10              -15N           UNCH
Sorghum    9.3600-9.4500   UP 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
        www.ams.usda.gov/mnreports/LR_GR110.txt

14:26 C    hr

.

1. Ag markets diverge just before the long holiday weekend
2. Study suggests dairy herd water quality linked to milk production
3. Wis. lawmakers question challenges to large wells
4. Traders evening up positions ahead of the weekend Friday
5. Bio-Vet and Keller break ground on new facility
6. NOAA: Get ready for a busy hurricane season

1. Commentary: Milk faces branding dilemma
2. 4 rules for growing a business or industry
3. Salma Hayek: Milk part of 'perfect' breakfast
4. Chocolate milk a top post-workout food
5. Seven jobs more dangerous than farming
6. What do dairy exports mean for Minnesota?

1. Seven jobs more dangerous than farming
2. White House urges Senate to cut crop insurance in farm bill
3. Class III futures close out quietly last week
4. 4 rules for growing a business or industry
5. Drop in U.S. underground water levels has accelerated
6. Ongoing wave of Calif. metal theft prompts further legislation