Bid prices to farmers, FOB Memphis elevators by truck

Saturday, November 18, 2017

Bids      Change             Basis          Change
Corn       3.4300-3.4800   UP 9.5-UP 11.5     OptZ to 5Z     UP 3 to UP 5
Soybeans   9.8750          UP 18.5            -3F            UNCH
SRW Wheat  4.0225          UP 5.75            -25Z           UNCH
Sorghum    5.5900          UP 12              -30Z           UNCH

Contract Bids for New Crop Delivery
Corn       3.6350          UP 6               -15U           UNCH
Soybeans   9.9100          UP 15.5            -10X           UNCH
SRW Wheat  4.6175-4.7175   UP 4               -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

1354C      hr