Bid prices to farmers, FOB Memphis elevators by truck

Friday, December 21, 2018

Bids      Change             Basis          Change
Corn       3.8125-3.8325   DN 6.5-DN 9.5      6H to 8H       UNCH to DN 3
Soybeans   8.8250-8.8550   DN 6.5             -11F to -8F    UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    5.6300          DN 12              -60H           UNCH

Contract Bids for New Crop Delivery
Corn       3.9025-3.9625   DN 6               -2U to 4U      UNCH
Soybeans   9.2075-9.2275   DN 6.25            -22X to -20X   UNCH
SRW Wheat  5.5325-5.5525   UP 1.25            15N to 17N     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
        James M. Ward  501-823-1743
        www.ams.usda.gov/mnreports/lr_gr110.txt
        www.ams.usda.gov/LPSMarketNewsPage

1350C      JMW