Bid prices to farmers, FOB Memphis elevators by truck

Thursday, December 13, 2018

Bids      Change             Basis          Change
Corn       3.8325-3.8725   DN 3.5-DN 5.5      -2H to 2H      DN 4 to DN 6
Soybeans   8.8800-8.9200   UP 5               -32F to -28F   UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    5.8100          UP 1               -60H           UNCH

Contract Bids for New Crop Delivery
Corn       3.9200-4.0400   UNCH               -8U to 4U      UNCH
Soybeans   9.3600-9.4600   UP 2.25-UP 4.25    -30X to -20X   DN 2 to UNCH
SRW Wheat  5.5375          UP 2.75            15N            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: 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

1512C      hr