Bid prices to farmers, FOB Memphis elevators by truck

Thursday, December 21, 2017

Bids      Change             Basis          Change
Corn       3.4525-3.4925   UP 1.75            -4H to OptH    UNCH
Soybeans   9.5700          DN 2               3F             UNCH
SRW Wheat  4.2850          UP 4               5H             UNCH
Sorghum    5.6100          UP 3               -35H           UNCH

Contract Bids for New Crop Delivery
Corn       3.5850          UP 2               -15U           UNCH
Soybeans   9.7100-9.7400   DN 0.75            -5X to -2X     UNCH
SRW Wheat  4.5500          UP 3.5             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
        James M. Ward  501-671-2200

1333C      JMW