Memphis, TN Daily Grain

LR_GR110
Little Rock, AR     Thu, Apr 26, 2012     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       6.4600-6.4800   UP 11-UP 13        22K to 24K     DN 2 to UNCH
Soybeans   15.0425-15.0625 UP 7.75-UP 9.75    23K to 25K     UNCH to UP 2
SRW Wheat  6.4200-6.4400   UP 8.5-UP 9.5      16K to 18K     DN 1 to UNCH
Sorghum    10.6100-10.8800 DN 3-UP 24         -30K to -15K   DN 15 to UNCH

Contract Bids for New Crop Delivery
Corn       5.2350-5.3050   DN 0.5-UP 1.5      -25U to -18U   UNCH to UP 2
Soybeans   13.7075-13.7275 DN 9.75-DN 8.75    12X to 14X     UP 2 to UP 3
SRW Wheat  6.4850-6.4950   UP 9               13N to 14N     UNCH
Sorghum    8.9300-9.2000   DN 14-DN 5         -35Z to -20Z   DN 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
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Monthly Prices for: March 2012

No. 2 Yellow Corn                       6.7090
No. 1 Yellow Soybeans                  13.7527
No. 2 Soft Red Winter Wheat             6.6318
No. 1 Yellow Sorghum                   11.4277

Source: USDA- AR Coop Ext Service, Little Rock, AR
        Steve Cheney 501-671-2200
        www.ams.usda.gov/mnreports/LR_GR110.txt

13:48 C    hr

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1. Producers should examine pastures for post-tornado debris
2. Ag markets posted a general advance mid-day Wednesday
3. Former Eastern Livestock CEO, CFO sentenced for federal crimes
4. TSCRA works with sale barns to catch Houston cattle thief
5. Mexico says U.S. not respecting WTO ruling on meat labeling
6. Vance Publishing's 40 under 40

1. Michigan hay buyers should plan purchases early
2. Post-tornado composting a solution for disposal of dead livestock
3. New animal identification rules aid disease traceability
4. Seven jobs more dangerous than farming
5. Drought losses in Oklahoma top $400 million for 2012
6. Survey reveals most Americans in favor of COOL

1. Commentary: In praise of animal foods
2. Meat and climate change: How significant is the impact?
3. Survey reveals most Americans in favor of COOL
4. Commentary: GMOs: How do I hate thee?
5. Seven jobs more dangerous than farming
6. Boxed beef hits record highs, cattle weak to lower