Memphis, TN Daily Grain

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Little Rock, AR     Fri, May 17, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       6.9775          UP 11.25           45N            UNCH
Soybeans   15.2850-15.3850 UP 21-UP 16        80N to 90N     UNCH to DN 5
SRW Wheat  6.9525-6.9825   DN 2.5-DN 1.5      12N to 15N     UP 2 to UP 3
Sorghum    10.9400-11.6600 UP 20              -40N to OptN   UNCH

Contract Bids for New Crop Delivery
Corn       5.3600-5.4600   UP 2.25            -20U to -10U   UNCH
Soybeans   12.4825         UP 10.75           20X            UNCH
SRW Wheat  6.9525-6.9825   DN 2.5-DN 1.5      12N to 15N     UP 2 to UP 3
Sorghum    9.2800          UP 1-DN 8          OptZ           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

13:39 C    hr


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