Memphis, TN Daily Grain

LR_GR110
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
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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
        www.ams.usda.gov/mnreports/LR_GR110.txt

14:22 C    hr

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1. Workshop to discuss nutrient application, management, stewardship
2. Help for flood affected farmers
3. Representative Lucas discusses new Farm Bill
4. U.S. May consumer sentiment highest in nearly 6 years
5. Cattle producers turn to MSU for reproduction class
6. NCBA Op-Ed: EPA’s data sharing incident a debacle

1. New school lunch beef recipes win approval from kids, foodservice
2. Drier weather to give big boost to U.S. corn plantings
3. Prices for corn and soybeans, five years from now
4. Agriculture is expected to remain strong in the coming decade
5. What sick day? Farmers take just three a year
6. Senate Agriculture Committee completes Farm Bill markup

1. Insects. They’re what’s for dinner!
2. Tyson selects panel to monitor animal welfare program
3. World food supply depends on character, virtuous leadership
4. Commentary: Slanting the statistics
5. Buffet concerned about soil and starvation
6. Cold spring stunts upper Midwest hay crop