Memphis, TN Daily Grain

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Little Rock, AR     Thu, Jan 24, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.3925-7.4225   UP 3.5-UP 5.5      15H to 18H     UNCH to UP 2
Soybeans   14.9525-15.0025 UP 0.25-UP 3.25    60H to 65H     UP 2 to UP 5
SRW Wheat  7.9850-8.0350   DN 3.25-DN 1.25    30H to 35H     UP 3 to UP 5
Sorghum    12.2200         UP 6               -40H           UNCH

Contract Bids for New Crop Delivery
Corn       5.7325-5.8825   DN 3.75            -35U to -20U   UNCH
Soybeans   13.2575-13.2775 UP 6.25-UP 4.25    20X to 22X     UP 5 to UP 3
SRW Wheat  7.7025-7.7325   DN 4.5-DN 3.5      -12N to -9N    UP 2 to UP 3
Sorghum    9.4700-9.5600   UNCH-DN 9          -55Z to -50Z   UP 5 to 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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