Memphis, TN Daily Grain

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Little Rock, AR     Wed, Jan 23, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.3575-7.3675   DN 7.75            15H to 16H     UNCH
Soybeans   14.9500-14.9700 DN 16.75           58H to 60H     DN 2
SRW Wheat  8.0175-8.0475   DN 4.5             27H to 30H     UNCH
Sorghum    12.1600         DN 13              -40H           UNCH

Contract Bids for New Crop Delivery
Corn       5.7700-5.9200   DN 0.75            -35U to -20U   UNCH
Soybeans   13.1950-13.2350 DN 8-DN 4          15X to 19X     UNCH to UP 4
SRW Wheat  7.7475-7.7675   DN 4.5             -14N to -12N   UNCH
Sorghum    9.4700-9.6500   UP 1               -60Z to -50Z   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

14:26 C    hr


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