Bid prices to farmers, FOB Memphis elevators by truck

Wednesday, November 15, 2017

Bids      Change             Basis          Change
Corn       3.3450-3.3750   DN 4.75            -3Z to OptZ    UNCH
Soybeans   9.6275-9.6775   DN 1.5-DN 0.5      -5F to OptF    UP 5 to UP 6
SRW Wheat  4.0300          UP 3.75            -25Z           UNCH
Sorghum    5.4900          DN 9               -30Z           UNCH

Contract Bids for New Crop Delivery
Corn       3.5900          DN 4               -15U           UNCH
Soybeans   NA              NA                 NA             NA
SRW Wheat  4.6500-4.7500   UP 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
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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

1341C      hr