Bid prices to farmers, FOB Memphis elevators by truck

Thursday, November 30, 2017

Bids      Change             Basis          Change
Corn       3.4900-3.5100   UP 0.75-UP 2.75    10Z to 12Z     DN 2 to UNCH
Soybeans   9.8950-9.9250   DN 0.5             -3F to OptF    UNCH
SRW Wheat  3.9150          UP 5.75            -25Z           UNCH
Sorghum    5.5200          UP 5               -30Z           UNCH

Contract Bids for New Crop Delivery
Corn       3.6200          UP 3.25            -15U           UNCH
Soybeans   9.9950          DN 1               -5X            UNCH
SRW Wheat  4.5375-4.6375   UP 4.5             -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

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