Bid prices to farmers, FOB Memphis elevators by truck

Tuesday, November 28, 2017

Bids      Change             Basis          Change
Corn       3.3875-3.4875   DN 6.25            OptZ to 10Z    UNCH
Soybeans   9.9300-9.9600   UP 7               -3F to OptF    UNCH
SRW Wheat  3.8450          DN 15.25           -25Z           UNCH
Sorghum    5.5100          DN 12              -30Z           UNCH

Contract Bids for New Crop Delivery
Corn       3.6050          DN 4               -15U           UNCH
Soybeans   10.0125         UP 10.25           -5X            UP 5
SRW Wheat  4.5050-4.6050   DN 10.75           -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

1345C      hr