Memphis, TN Daily Grain

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Little Rock, AR     Thu, May 02, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       6.7200-7.1250   DN 19.75-UP 15.75  10N to 15K     NO COMP to UNCH
Soybeans   13.9225-14.6100 DN 60.25-UP 3.5    20N to 20K     NO COMP to UNCH
SRW Wheat  7.4150-7.4350   UP 11-UP 9.5       13N to 15N     NO COMP to UP 2
Sorghum    11.1100-11.8200 DN 33-UP 27        -40N to OptN   NO COMP to UNCH

Contract Bids for New Crop Delivery
Corn       5.6375          UP 10.75           -20U           UNCH
Soybeans   12.2400         DN 5.25            20X            UNCH
SRW Wheat  7.4150-7.4350   UP 7.5-UP 4.5      13N to 15N     UNCH to DN 3
Sorghum    9.8000          UP 24-UP 15        -10Z           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: April 2013

No. 2 Yellow Corn                       6.6550
No. 1 Yellow Soybeans                  14.4310
No. 2 Soft Red Winter Wheat             7.1407
No. 1 Yellow Sorghum                   11.0173

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

13:43 C    hr


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