Bid prices to farmers, FOB Memphis elevators by truck

Friday, January 4, 2019

Bids      Change             Basis          Change
Corn       3.8375-3.9975   UP 5.75-UP 18.75   4H to 20H      UP 1 to UP 14
Soybeans   8.9275-8.9475   UP 18.25-UP 19.25  -20H to -18H   DN 12 to DN 11
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.9500-4.0100   UP 3.5             -2U to 4U      UNCH
Soybeans   9.2650-9.2850   UP 13.25           -22X to -20X   UNCH
SRW Wheat  5.4400          UP 10.5-UP 8.5     17N            UP 2 to 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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