Bid prices to farmers, FOB Memphis elevators by truck

Wednesday, September 5, 2018

Bids      Change             Basis          Change
Corn       3.5025-3.5825   UP 9.25-UP 10.25   -18Z to -10Z   NO COMP
Soybeans   7.9125-7.9225   UP 0.75            -53X to -52X   UNCH
SRW Wheat  5.1475          DN 3.75-DN 15.75   12U            UP 12 to UNCH
Sorghum    5.6800-5.8600   UP 23-UP 41        -50Z to -40Z   UP 10 to UP 20

Contract Bids for New Crop Delivery
Corn       NA              NA                 NA             NA
Soybeans   7.9225-7.9825   UP 0.75            -52X to -46X   UNCH
SRW Wheat  5.6700          DN 8.25            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: August 2018

No. 2 Yellow Corn                       3.6358
No. 1 Yellow Soybeans                   8.3994
No. 2 Soft Red Winter Wheat             5.4835
No. 1 Yellow Sorghum                    5.6020

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

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