Memphis, TN Daily Grain

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Little Rock, AR     Wed, Jun 19, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.0625-7.2725   UP 9               24N to 45N     UNCH
Soybeans   15.2300-15.6300 UP 12.25-UP 22.25  OptN to 40N    UNCH to UP 10
SRW Wheat  7.1500          UP 19.5            8N             UNCH
Sorghum    11.4700-12.1800 UP 16              -40N to OptN   UNCH

Contract Bids for New Crop Delivery
Corn       5.9500-6.0500   UP 21              -15U to -5U    UNCH
Soybeans   13.3275-13.3575 UP 22-UP 21        22X to 25X     UP 1 to UNCH
SRW Wheat  NQ              NQ                 NQ             NQ
Sorghum    10.3700-10.4400 UP 36-UP 40        10Z to 14Z     UNCH to UP 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: May 2013

No. 2 Yellow Corn                       7.0049
No. 1 Yellow Soybeans                  15.0186
No. 2 Soft Red Winter Wheat             7.1857
No. 1 Yellow Sorghum                   11.2898

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

13:41 C    hr


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