Memphis, TN Daily Grain

LR_GR110
Little Rock, AR     Tue, Jan 29, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.4750-7.4950   UP 0.25-UP 2.25    18H to 20H     UNCH to UP 2
Soybeans   15.2175-15.2375 UP 6               70H to 72H     UP 2
SRW Wheat  8.1200-8.1500   DN 2.25-DN 0.25    35H to 38H     UNCH to UP 2
Sorghum    12.3100         UNCH               -40H           UNCH

Contract Bids for New Crop Delivery
Corn       5.7550-5.9050   DN 3               -35U to -20U   UNCH
Soybeans   13.3775         UP 2.75            25X            UNCH
SRW Wheat  7.8025-7.8625   DN 3.25-DN 1.25    -11N to -5N    DN 2 to UNCH
Sorghum    9.5000-9.6800   DN 5               -55Z to -45Z   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

14:28 C    hr

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