Bid prices to farmers, FOB Memphis elevators by truck

Saturday, December 29, 2018

Bids      Change             Basis          Change
Corn       3.7850-3.8150   UP 1               3H to 6H       UNCH
Soybeans   8.7475-8.7575   UP 13.75           -8F to -7F     UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    5.6300          UP 1               -60H           UNCH

Contract Bids for New Crop Delivery
Corn       3.9125-3.9725   UP 1.25            -2U to 4U      UNCH
Soybeans   9.1375-9.1575   UP 10.5            -22X to -20X   UNCH
SRW Wheat  5.4125-5.4325   UP 0.5             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
        Heather Riley  501-823-1743
        www.ams.usda.gov/mnreports/lr_gr110.txt
        www.ams.usda.gov/LPSMarketNewsPage

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