Bid prices to farmers, FOB Memphis elevators by truck

Tuesday, December 5, 2017

Bids      Change             Basis          Change
Corn       3.5350-3.5550   DN 3.25-DN 5.25    OptH to 2H     NO COMP to UNCH
Soybeans   9.8650-9.9850   DN 7.75-UP 2.25    -12F to OptF   DN 12 to DN 2
SRW Wheat  3.8525          DN 4.25            -25Z           UNCH
Sorghum    5.5100          DN 11              -45H           NO COMP

Contract Bids for New Crop Delivery
Corn       3.6200          DN 4.5             -15U           UNCH
Soybeans   10.0350-10.0650 UP 2.5             -8X to -5X     UNCH
SRW Wheat  4.5575-4.6575   DN 3.5             -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: November 2017

No. 2 Yellow Corn                       3.4343
No. 1 Yellow Soybeans                   9.7910
No. 2 Soft Red Winter Wheat             3.9707
No. 1 Yellow Sorghum                    5.5906

Source: USDA-AR Coop Ext Service, Little Rock, AR
        Heather Riley  501-671-2200

1358C      hr