Bid prices to farmers, FOB Memphis elevators by truck

Tuesday, January 8, 2019

Bids      Change             Basis          Change
Corn       3.8625-3.8925   UP 2.5-DN 10.5     4H to 7H       UNCH to DN 13
Soybeans   9.1425          UP 21.5-UP 19.5    -10H           UP 10 to UP 8
SRW Wheat  5.1675          No Comp            OptH           No Comp
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.9775-4.0375   UP 2.75            -2U to 4U      UNCH
Soybeans   9.4075-9.4575   UP 14.25-UP 17.25  -20X to -15X   UP 2 to UP 5
SRW Wheat  5.4200-5.4400   DN 2-UNCH          15N to 17N     DN 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: December 2018

No. 2 Yellow Corn                       3.8455
No. 1 Yellow Soybeans                   8.7963
No. 2 Soft Red Winter Wheat                 NA
No. 1 Yellow Sorghum                    5.7388

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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