Bid prices to farmers, FOB Memphis elevators by truck

Tuesday, November 14, 2017

Bids      Change             Basis          Change
Corn       3.3925-3.4225   UP 2.75-UP 3.75    -3Z to OptZ    UP 2 to UP 3
Soybeans   9.6425-9.6825   DN 5.75-DN 8.75    -10F to -6F    UP 5 to UP 2
SRW Wheat  3.9925          DN 4.75            -25Z           UNCH
Sorghum    5.5800          UP 2               -30Z           UNCH

Contract Bids for New Crop Delivery
Corn       3.6300          DN 0.25            -15U           UNCH
Soybeans   NA              NA                 NA             NA
SRW Wheat  4.6350-4.7350   DN 0.5             -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
        Heather Riley  501-671-2200
        www.ams.usda.gov/mnreports/lr_gr110.txt
        www.ams.usda.gov/LPSMarketNewsPage

1345C      hr