Memphis, TN Daily Grain

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Little Rock, AR     Tue, Jun 18, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       6.9725-7.1825   UP 4.75            24N to 45N     UNCH
Soybeans   15.1075-15.4075 DN 1.75            OptN to 30N    UNCH
SRW Wheat  6.9550          UP 4-UP 3          8N             DN 3 to DN 4
Sorghum    11.3100-12.0200 UP 9-UP 8          -40N to OptN   UNCH

Contract Bids for New Crop Delivery
Corn       5.7400-5.8400   UP 10.25           -15U to -5U    UNCH
Soybeans   13.1075-13.1475 UP 4.25            21X to 25X     UNCH
SRW Wheat  NQ              NQ                 NQ             NQ
Sorghum    10.0100-10.0400 UP 22-UP 19        10Z to 12Z     UNCH to DN 1

* 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

13:45 C    hr


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