Bid prices to farmers, FOB Memphis elevators by truck

Tuesday, June 26, 2018

Bids      Change             Basis          Change
Corn       3.6550          DN 6.75            15N            UNCH
Soybeans   8.8350-8.8650   DN 20              9N to 12N      UNCH
SRW Wheat  4.9675-5.0175   DN 14.5            20N to 25N     UNCH
Sorghum    5.3800          DN 12              -70Z           UNCH

Contract Bids for New Crop Delivery
Corn       3.6350-3.6450   DN 7               4U to 5U       UNCH
Soybeans   8.9350-8.9550   DN 20.75           -2X to OptX    UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    5.7400-5.8300   DN 12              -50Z to -45Z   UNCH

* 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: May 2018

No. 2 Yellow Corn                       4.1830
No. 1 Yellow Soybeans                  10.3294
No. 2 Soft Red Winter Wheat                NA
No. 1 Yellow Sorghum                       NA

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

1349C      hr