Bid prices to farmers, FOB Memphis elevators by truck

Saturday, August 18, 2018

Bids      Change             Basis          Change
Corn       3.7225          UNCH-DN 1          8U             UP 1 to UNCH
Soybeans   8.6475          DN 4.25-DN 10.25   -28X           UNCH to DN 6
SRW Wheat  5.7050-5.7250   UP 18.25           10U to 12U     UNCH
Sorghum    5.6900          DN 2               -60Z           UNCH

Contract Bids for New Crop Delivery
Corn       NA              NA                 NA             NA
Soybeans   8.5875          DN 0.25-DN 4.25    -34X           UP 4 to UNCH
SRW Wheat  6.0175-6.0675   UP 8.25            5N to 10N      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: July 2018

No. 2 Yellow Corn                       3.6201
No. 1 Yellow Soybeans                   8.5677
No. 2 Soft Red Winter Wheat             5.2571
No. 1 Yellow Sorghum                    5.4844

Source: USDA-AR Agriculture Dept, Little Rock, AR
        Heather Riley  501-823-1743
        www.ams.usda.gov/mnreports/lr_gr110.txt
        www.ams.usda.gov/LPSMarketNewsPage

1345C      hr