Bid prices to farmers, FOB Memphis elevators by truck

Thursday, November 9, 2017

Bids      Change             Basis          Change
Corn       3.4325-3.4525   UP 0.5             -5Z to -3Z     UNCH
Soybeans   9.8050-9.8650   UP 2.5-UP 5.5      -18F to -12F   UNCH to UP 3
SRW Wheat  4.0175          DN 0.5             -25Z           UNCH
Sorghum    5.6800          UP 1               -30Z           UNCH

Contract Bids for New Crop Delivery
Corn       3.6950          UP 0.25            -15U           UNCH
Soybeans   NA              NA                 NA             NA
SRW Wheat  4.6450-4.7450   DN 1.5             -5N to 5N      UNCH
Sorghum    NA              NA                 NA             NA

* All bids are $/bu except Sorghum, which is $/cwt.
NA = Not Available  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 2017

No. 2 Yellow Corn                       3.3043
No. 1 Yellow Soybeans                   9.5532
No. 2 Soft Red Winter Wheat             4.0976
No. 1 Yellow Sorghum                    5.7410

Source: USDA-AR Coop Ext Service, Little Rock, AR
        James M. Ward  501-671-2200

1337C      JMW