Memphis, TN Daily Grain

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Little Rock, AR     Fri, Feb 15, 2013     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       7.2575-7.2875   UP 4-UP 6          27H to 30H     UNCH to UP 2
Soybeans   14.5950-14.6450 UP 1.5-UP 6.5      35H to 40H     DN 5 to UNCH
SRW Wheat  7.7725-7.8025   UP 5.25-UP 8.25    35H to 38H     DN 5 to DN 2
Sorghum    11.9400         UP 7               -30H           UNCH

Contract Bids for New Crop Delivery
Corn       5.5225-5.6225   DN 0.75            -30U to -20U   UNCH
Soybeans   12.8675         DN 3               25X            UNCH
SRW Wheat  7.4600          UP 7.25            -5N            UNCH
Sorghum    9.2500-9.3400   UP 8-DN 1          -45Z to -40Z   UP 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
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

14:22 C    hr


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