LR_GR110  **Corrected New Crop Corn**
Little Rock, AR     Mon, Feb 13, 2012     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       6.6750-6.7250   UP 5.75-UP 10.75   28H to 33H     DN 2 to UP 3
Soybeans   12.8000         UP 24-UP 23        28H            UP 1 to UNCH
SRW Wheat  6.6125-6.6625   UP 11.25           20H to 25H     UNCH
Sorghum    11.2400-11.3300 UP 14              -10H to -5H    UNCH

Contract Bids for New Crop Delivery
Corn       5.8650          UP 12-UP 7         -5U            UP 5 to UNCH
Soybeans   12.6700         UP 19.5-UP 17.5    8X             UNCH to DN 2
SRW Wheat  6.6725          UP 8.75            10N            UNCH
Sorghum    9.5000-9.5900   UP 13-UP 4         -35Z to -30Z   UNCH to DN 5

* 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 2012

No. 2 Yellow Corn                       6.5494
No. 1 Yellow Soybeans                  12.3116
No. 2 Soft Red Winter Wheat             6.4600
No. 1 Yellow Sorghum                   11.2225

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

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