Full Circle Ag


	Grain Comments
	Market Close as of: Friday, January 27, 2012

Local Cash Bids

SOYBEANS
	Forman					Gwinner					Claremont/Amherst					Havana
	Futures Price	Basis	Cash Price	Futures Month	Futures Change	Futures Price	Basis	Cash Price	Futures Month	Futures Change	Futures Price	Basis	Cash Price	Futures Month	Futures Change	Futures Price	Basis	Cash Price	Futures Month	Futures Change
January	1219'0s			@S2H	-3'6	1219'0s			@S2H	-3'6	1219'0s			@S2H	-3'6	1219'0s			@S2H	-3'6
February	1219'0s			@S2H	-3'6	1219'0s			@S2H	-3'6	1219'0s			@S2H	-3'6	1219'0s			@S2H	-3'6
March	1219'0s			@S2H	-3'6	1219'0s			@S2H	-3'6	1219'0s			@S2H	-3'6	1219'0s			@S2H	-3'6
New Crop 2012	1222'2s			@S2X	0'4	1219'0s			@S2H	-3'6	1222'2s			@S2X	0'4	1222'2s			@S2X	0'4

SPRING WHEAT
	Forman					Gwinner					Claremont/Amherst					Havana
	Futures Price	Basis	Cash Price	Futures Month	Futures Change	Futures Price	Basis	Cash Price	Futures Month	Futures Change	Futures Price	Basis	Cash Price	Futures Month	Futures Change	Futures Price	Basis	Cash Price	Futures Month	Futures Change
January	826'2s			@MW2H	-1'0	826'2s			@MW2H	-1'0	826'2s			@MW2H	-1'0	826'2s			@MW2H	-1'0
February	826'2s			@MW2H	-1'0	826'2s			@MW2H	-1'0	826'2s			@MW2H	-1'0	826'2s			@MW2H	-1'0
March	826'2s			@MW2H	-1'0	826'2s			@MW2H	-1'0	826'2s			@MW2H	-1'0	826'2s			@MW2H	-1'0
New Crop 2012	775'2s			@MW2U	-4'4	775'2s			@MW2U	-4'4	811'2s			@MW2K	-1'6	811'2s			@MW2K	-1'6

Price as of 01/28/12 06:59AM CST.
Month Symbols

Quotes

Quote of the Day

"Indeed, man wishes to be happy even when he so lives as to make happiness impossible."

Saint Augustine, (354-430), Christian church father, philosopher

DTN Market Matters Blog

	Linda Smith Bio DTN Markets Editor
Behind Firm Basis: Farmers Hold, Livestock Eat Friday, January 27, 2012 8:47PM CST Corn basis is the strongest it's been in a decade according to some reports, basis in south-central Illinois is positive, the DTN National Corn Index came in at $6.20 Thursday, 15 cents under the March contract, and Gulf exporters are bidding over $7 a bushel. Are farmers just saying "no" since prices slid southward beginning back in September? One Step Forward Two Back Friday, January 27, 2012 6:33PM CST Cash Grains Firm to Higher Thursday Friday, January 27, 2012 2:07AM CST
[Read and Comment on Full Blog]


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