Bid prices to farmers, FOB Memphis elevators by truck

Saturday, December 30, 2017

Bids      Change             Basis          Change
Corn       3.5075-3.6075   DN 1.25            OptH to 10H    UNCH
Soybeans   9.5975-9.6675   UP 6-UP 11         8F to 15F      UNCH to UP 5
SRW Wheat  4.0200-4.3200   DN 30.75-DN 0.75   -25H to 5H     DN 30 to UNCH
Sorghum    5.6400          DN 2               -35H           UNCH

Contract Bids for New Crop Delivery
Corn       3.5975          DN 1.75            -15U           UNCH
Soybeans   9.7075-9.7375   UP 3               -5X to -2X     UNCH
SRW Wheat  4.5825          DN 1               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

1347C      hr