Memphis, TN Daily Grain

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Little Rock, AR     Mon, Feb 04, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.5625          DN 1.75            22H            UNCH
Soybeans   15.2875         UP 19.5-UP 16.5    40H            UP 5 to UP 2
SRW Wheat  7.9800          UP 1-DN 2          35H            UP 3 to UNCH
Sorghum    12.5800         DN 3               -30H           UNCH

Contract Bids for New Crop Delivery
Corn       5.8775-5.9775   UP 1.5             -30U to -20U   UNCH
Soybeans   13.6400-13.6700 UP 8.5-UP 9.5      20X to 23X     DN 3 to DN 2
SRW Wheat  7.6500-7.6600   DN 2.25            -11N to -10N   UNCH
Sorghum    9.6200-9.8000   UP 3               -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
Monthly Prices for: January 2013

No. 2 Yellow Corn                       7.3394
No. 1 Yellow Soybeans                  14.8457
No. 2 Soft Red Winter Wheat             7.9943
No. 1 Yellow Sorghum                   12.0548

Source: USDA- AR Coop Ext Service, Little Rock, AR
        Steve Cheney 501-671-2200

14:29 C    hr


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