Bid prices to farmers, FOB Memphis elevators by truck

Wednesday, December 19, 2018

Bids      Change             Basis          Change
Corn       3.9150          UP 7.5-UP 5.5      6H             UP 6 to UP 4
Soybeans   8.8575-8.8775   UP 9-UP 3          -22F to -20F   UP 6 to UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    5.8100          UP 2               -60H           UNCH

Contract Bids for New Crop Delivery
Corn       3.9825-4.0525   UP 3.5-UP 1.5      -3U to 4U      UP 2 to UNCH
Soybeans   9.3125-9.3625   UP 7.75-UP 2.75    -25X to -20X   UP 5 to UNCH
SRW Wheat  5.6075-5.6275   DN 2-UNCH          15N to 17N     UNCH to UP 2
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
        James M. Ward  501-823-1743
        www.ams.usda.gov/mnreports/lr_gr110.txt
        www.ams.usda.gov/LPSMarketNewsPage

1357C      JMW