Bid prices to farmers, FOB Memphis elevators by truck

Saturday, June 30, 2018

Bids      Change             Basis          Change
Corn       3.6525-3.7025   UP 5.25            15N to 20N     UNCH
Soybeans   8.6750-8.7350   DN 2.75            9N to 15N      UNCH
SRW Wheat  5.1750-5.2750   UP 18              20N to 30N     UNCH
Sorghum    5.3800          UP 9               -70Z           UNCH

Contract Bids for New Crop Delivery
Corn       3.6350-3.6750   UP 5.25            4U to 8U       UNCH
Soybeans   8.7800-8.8000   DN 3.5             -2X to OptX    UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    5.7400-5.8300   UP 10              -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

1355C      hr