Memphis, TN Daily Grain

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Little Rock, AR     Thu, May 23, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.0400-7.0700   UP 5.5-UP 3.5      42N to 45N     UP 2 to UNCH
Soybeans   15.4150-15.4950 DN 4.75-DN 9.75    42N to 50N     DN 10 to DN 15
SRW Wheat  7.2125-7.2325   UP 17.75-UP 16.75  18N to 20N     UP 3 to UP 2
Sorghum    11.1100-11.8200 UP 7-UP 6          -40N to OptN   UNCH

Contract Bids for New Crop Delivery
Corn       5.4850-5.5350   UP 3.75            -15U to -10U   UNCH
Soybeans   12.6300         UP 4.25            20X            UNCH
SRW Wheat  7.2125-7.2325   UP 17.75-UP 16.75  18N to 20N     UP 3 to UP 2
Sorghum    9.6400          UP 17              5Z             UP 5

* 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

14:03 C    hr


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