Memphis, TN Daily Grain

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Little Rock, AR     Fri, Feb 22, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.1525          DN 0.5-DN 5.5      25H            UNCH to DN 5
Soybeans   15.0125         DN 26.5            40H            UNCH
SRW Wheat  7.4500-7.5000   DN 11.25           30H to 35H     DN 5
Sorghum    11.7900         DN 1               -30H           UNCH

Contract Bids for New Crop Delivery
Corn       5.4300-5.5300   DN 1               -30U to -20U   UNCH
Soybeans   12.9000         DN 12              25X            UNCH
SRW Wheat  7.2350          DN 4.5             OptN           UNCH
Sorghum    9.0700-9.1600   DN 2               -45Z to -40Z   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: January 2013

No. 2 Yellow Corn                       7.3394
No. 1 Yellow Soybeans                  14.8457
No. 2 Soft Red Winter Wheat             7.9943
No. 1 Yellow Sorghum                   12.0548

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

14:27 C    hr


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