LR_GR110
Little Rock, AR     Mon, Oct 06, 2008     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.5100-3.7400   DN 53-DN 32        -73Z to -50Z   DN 23 to DN 2
Soybeans   8.4900-8.7200   DN 98-DN 79        -73X to -50X   DN 28 to DN 9
SRW Wheat  3.6525-3.8025   DN 53-DN 55        -230Z to -215Z DN 8 to DN 10
Sorghum    4.8000-5.1600   DN 90-DN 66        -155Z to -135Z DN 20 to DN 7

Contract Bids for New Crop Delivery
Corn       4.0900          DN 30-DN 35        -65U           UNCH to DN 5
Soybeans   NQ              NQ                 NQ             NQ
SRW Wheat  4.9200-4.9700   DN 46.75-DN 51.75  -150N to -145N UNCH to DN 5
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 2008

No. 2 Yellow Corn                       5.1031
No. 1 Yellow Soybeans                  11.4286
No. 2 Soft Red Winter Wheat             5.1220
No. 1 Yellow Sorghum                    7.8683

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

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