Memphis, TN Daily Grain

LR_GR110
Little Rock, AR     Thu, Jan 17, 2013     USDA-AR Dept of Ag Market News

*This report will not be released on Monday, January 21, 2013 as our offices
will be closed in observance of the Martin Luther King, Jr. Holiday. If you have
any questions or concerns, please contact us at Heather.Riley@ams.usda.gov.*


Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.3950-7.4350   DN 6.75-DN 5.75    15H to 19H     UNCH to UP 1
Soybeans   14.9425         DN 17.25           64H            DN 11
SRW Wheat  8.0825-8.1125   DN 1.75-DN 3.75    27H to 30H     UP 2 to UNCH
Sorghum    12.2200         DN 12              -40H           UNCH

Contract Bids for New Crop Delivery
Corn       5.7575-5.9075   DN 7.25            -35U to -20U   UNCH
Soybeans   12.9825         DN 7.75-DN 11.75   13X            UP 4 to UNCH
SRW Wheat  7.8025-7.8325   DN 2-UP 1          -15N to -12N   UNCH to UP 3
Sorghum    9.4000-9.4900   DN 10              -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

.

1. Ag commodities seemed directionless Wednesday morning
2. Ag markets posted mixed showing on Tuesday
3. Plains storms cause minor harm to Oklahoma/Kansas wheat
4. Chocolate milk a top post-workout food
5. Another reason for adults to drink milk
6. Penn State Dairy Team schedules “Tools for Teams” webinars

1. 4 rules for growing a business or industry
2. Seven jobs more dangerous than farming
3. Chocolate milk a top post-workout food
4. D.C. Watch: Farm bill progressing
5. April milk production up 0.3 percent
6. Class III futures close out quietly last week

1. Commentary: Slanting the statistics
2. World food supply depends on character, virtuous leadership
3. Buffet concerned about soil and starvation
4. Cold spring stunts upper Midwest hay crop
5. N.M. rancher charged with 43 counts of animal cruelty
6. 2014 Farm Bill: Are we near an agreement?