Bid prices to farmers, FOB Memphis elevators by truck

Tuesday, September 11, 2018

Bids      Change             Basis          Change
Corn       3.5225-3.5725   UP 0.25            -15Z to -10Z   UNCH
Soybeans   7.8725-7.9525   DN 1.75-UP 1.25    -58X to -50X   DN 3 to UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    5.6700-5.7500   UP 1-UNCH          -50Z to -45Z   UNCH

Contract Bids for New Crop Delivery
Corn       NA              NA                 NA             NA
Soybeans   7.8725-7.9925   UP 1.25            -58X to -46X   UNCH
SRW Wheat  5.6050-5.6550   UP 17.75           OptN to 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: 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
        James M. Ward  501-823-1743

1355C      JMW