Bid prices to farmers, FOB Memphis elevators by truck

Friday, December 1, 2017

Bids      Change             Basis          Change
Corn       3.5175-3.5375   UP 2.75            10Z to 12Z     UNCH
Soybeans   9.8275-9.8575   DN 6.75            -3F to OptF    UNCH
SRW Wheat  3.8425          DN 7.25            -25Z           UNCH
Sorghum    5.5700          UP 5               -30Z           UNCH

Contract Bids for New Crop Delivery
Corn       3.6350          UP 1.5             -15U           UNCH
Soybeans   9.9600          DN 3.5             -5X            UNCH
SRW Wheat  4.5325-4.6325   DN 0.5             -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
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

1352C      hr