Bid prices to farmers, FOB Memphis elevators by truck

Wednesday, December 12, 2018

Bids      Change             Basis          Change
Corn       3.8675-3.9275   UP 8.75-UP 2.75    2H to 8H       UP 8 to UP 2
Soybeans   8.8300-8.8700   UP 5.25            -32F to -28F   UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    5.8000          UP 1               -60H           UNCH

Contract Bids for New Crop Delivery
Corn       3.9200-4.0400   UP 1.5             -8U to 4U      UNCH
Soybeans   9.3375-9.4175   UP 6.75-UP 4.75    -28X to -20X   UP 2 to UNCH
SRW Wheat  5.5100          UP 3.75-DN 1.25    15N            UP 5 to 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: November 2018

No. 2 Yellow Corn                       3.7229
No. 1 Yellow Soybeans                   8.5312
No. 2 Soft Red Winter Wheat                 NA
No. 1 Yellow Sorghum                    5.3000

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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