Bid prices to farmers, FOB Memphis elevators by truck

Wednesday, December 13, 2017

Bids      Change             Basis          Change
Corn       3.4275-3.5075   DN 1.25            -5H to 3H      UNCH
Soybeans   9.6775-9.6975   DN 6.75            -8F to -6F     UNCH
SRW Wheat  4.1575          UP 53-DN 2.75      5H             NO COMP to UNCH
Sorghum    5.5800          DN 3               -35H           UNCH

Contract Bids for New Crop Delivery
Corn       3.5675          DN 1.25            -15U           UNCH
Soybeans   9.8975-9.9075   DN 4.5             -5X to -4X     UNCH
SRW Wheat  4.3225-4.4225   DN 4.25            -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: 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
        www.ams.usda.gov/mnreports/lr_gr110.txt
        www.ams.usda.gov/LPSMarketNewsPage

1344C      hr