Bid prices to farmers, FOB Memphis elevators by truck

Thursday, August 30, 2018

Bids      Change             Basis          Change
Corn       3.3125-3.3825   UP 0.25-DN 2.75    -10U to -3U    UNCH to DN 3
Soybeans   7.8200-7.8400   UP 2.75            -54X to -52X   UNCH
SRW Wheat  5.1575-5.2775   UP 17.5            OptU to 12U    UNCH
Sorghum    5.2900          UNCH               -60Z           UNCH

Contract Bids for New Crop Delivery
Corn       NA              NA                 NA             NA
Soybeans   7.8400-7.9000   UP 2.75            -52X to -46X   UNCH
SRW Wheat  5.7275          UP 13.5            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: 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

1352C      hr