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Memphis, TN Daily Grain

USDA  |   October 5, 2012
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LR_GR110
Little Rock, AR     Fri, Oct 05, 2012     USDA-AR Dept of Ag Market News

*This report will not be released on Monday, Oct 8, due to Holiday*

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       6.6300-7.3600   DN 4-DN 9          -85z to -12z   UP 5 to UNCH
Soybeans   15.5850-15.6450 DN 1-UNCH          7x to 13x      DN 1 to UNCH
SRW Wheat  8.0450-8.2250   DN 11.75           -53z to -35z   UNCH
Sorghum    11.4800         DN 16              -105z          UNCH

Contract Bids for New Crop Delivery
Corn       5.9950-6.1150   DN 7.25            -57u to -45u   UNCH
Soybeans   NQ              NQ                 NQ             NQ
SRW Wheat  8.2525-8.2825   DN 3.5             -15n to -12n   UNCH
Sorghum    NQ              NQ                 NQ             NQ

* 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: September 2012

No. 2 Yellow Corn                       6.8460
No. 1 Yellow Soybeans                  16.5764
No. 2 Soft Red Winter Wheat             8.1871
No. 1 Yellow Sorghum                   11.1742

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

14:25 C    hr

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