Bid prices to farmers, FOB Memphis elevators by truck

Saturday, December 15, 2018

Bids      Change             Basis          Change
Corn       3.8475-3.8675   DN 1.5-UP 0.5      OptH to 2H     DN 2 to UNCH
Soybeans   8.7250-8.7350   DN 6.5-DN 7.5      -28F to -27F   UNCH to DN 1
SRW Wheat  NA              NA                 NA             NA
Sorghum    5.8000          UP 1               -60H           UNCH

Contract Bids for New Crop Delivery
Corn       3.9200-4.0400   DN 3.75-UP 0.25    -8U to 4U      DN 4 to UNCH
Soybeans   9.2100-9.3100   DN 5               -30X to -20X   UNCH
SRW Wheat  5.5775          DN 4.75            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
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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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