Memphis, TN Daily Grain

LR_GR110
Little Rock, AR     Wed, Feb 06, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.4450-7.4750   DN 6.5-DN 3.5      22H to 25H     UNCH to UP 3
Soybeans   15.2750-15.3050 DN 8-DN 5          40H to 43H     UNCH to UP 3
SRW Wheat  7.9650-8.0150   UP 4-UP 9          35H to 40H     UNCH to UP 5
Sorghum    12.3700         DN 11              -30H           UNCH

Contract Bids for New Crop Delivery
Corn       5.7350-5.8350   DN 9.5             -30U to -20U   UNCH
Soybeans   13.6100         DN 7.25-DN 10.25   25X            UP 5 to UP 2
SRW Wheat  7.6725          UP 9.75-UP 8.75    -5N            UP 6 to UP 5
Sorghum    9.5300          DN 20              -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: 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
        www.ams.usda.gov/mnreports/LR_GR110.txt

14:31 C    hr

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