Memphis, TN Daily Grain

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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
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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

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