Bid prices to farmers, FOB Memphis elevators by truck

Thursday, December 27, 2018

Bids      Change             Basis          Change
Corn       3.7625-3.7925   DN 7.25-DN 5.25    3H to 6H       DN 2 to UNCH
Soybeans   8.6200-8.6300   DN 11.75-DN 13.75  -8F to -7F     UP 3 to UP 1
SRW Wheat  NA              NA                 NA             NA
Sorghum    5.5900          DN 10              -60H           UNCH

Contract Bids for New Crop Delivery
Corn       3.7125-3.9525   DN 22-DN 4         -20U to 4U     DN 18 to UNCH
Soybeans   9.0375-9.0575   DN 10.75           -22X to -20X   UNCH
SRW Wheat  5.4075-5.4275   DN 3               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
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

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