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USDA-LR: Memphis Daily Grain

Little Rock, AR - Fri, Nov 06, 2009 - USDA-AR Dept of Ag Market News


Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.4700-3.5600   DN 24.5-DN 17.5    -20Z to -11Z   DN 15 to DN 8
Soybeans   9.4500-9.6100   DN 37-DN 21        -10F to 6F     DN 20 to DN 4
SRW Wheat  3.7725-3.9225   DN 15              -120Z to -105Z UNCH
Sorghum    6.3600-6.3800   DN 18-DN 52        -11Z to -10Z   DN 1 to DN 20

Contract Bids for New Crop Delivery
Corn       3.3775-3.7775   DN 7.75            -70U to -30U   UNCH
Soybeans   NQ              NQ                 NQ             NQ
SRW Wheat  4.5675-4.9675   DN 14.5            -85N to -45N   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
------------------------------------------------------------------------------
Monthly Prices for: October 2009

No. 2 Yellow Corn                       3.7186
No. 1 Yellow Soybeans                   9.8561
No. 2 Soft Red Winter Wheat             3.4431
No. 1 Yellow Sorghum                    6.6864

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

13:46 C    hr

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