Memphis, TN Daily Grain

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Little Rock, AR     Thu, Mar 07, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.2325-7.2925   DN 3.25-UP 2.75    32K to 38K     DN 6 to UNCH
Soybeans   15.1150-15.1850 UP 7.5-UP 2.5      38K to 45K     UNCH to DN 5
SRW Wheat  7.2050          UP 11.75           25K            UNCH
Sorghum    11.7200-12.0800 UP 5-DN 4          -35K to -15K   UNCH to DN 5

Contract Bids for New Crop Delivery
Corn       5.3400-5.4400   DN 3.25            -30U to -20U   UNCH
Soybeans   13.0300         DN 0.75            25X            UNCH
SRW Wheat  6.9900          UP 10.25           OptN           UNCH
Sorghum    8.9600-9.0500   DN 4-DN 8          -40Z to -35Z   UNCH to DN 2

* 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: February 2013

No. 2 Yellow Corn                       7.3109
No. 1 Yellow Soybeans                  14.9749
No. 2 Soft Red Winter Wheat             7.7097
No. 1 Yellow Sorghum                   12.0895

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

14:31 C    hr


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