Bid prices to farmers, FOB Memphis elevators by truck

Friday, November 17, 2017

Bids      Change             Basis          Change
Corn       3.3350-3.3650   DN 1.75            -3Z to OptZ    UNCH
Soybeans   9.6900          DN 4.25            -3F            UNCH
SRW Wheat  3.9650          UP 1.5             -25Z           UNCH
Sorghum    5.4700          DN 3               -30Z           UNCH

Contract Bids for New Crop Delivery
Corn       3.5750          DN 1.75            -15U           UNCH
Soybeans   9.7550          DN 2.25            -10X           UNCH
SRW Wheat  4.5775-4.6775   DN 0.75            -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

1356C      hr