Bid prices to farmers, FOB Memphis elevators by truck

Wednesday, January 9, 2019

Bids      Change             Basis          Change
Corn       3.8400-3.8500   DN 2.25-DN 4.25    4H to 5H       UNCH to DN 2
Soybeans   9.0250-9.0350   DN 11.75-DN 10.75  -16H to -15H   DN 6 to DN 5
SRW Wheat  5.1775          UP 1               OptH           UNCH
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.9650-4.0250   DN 1.25            -2U to 4U      UNCH
Soybeans   9.3750          DN 3.25-DN 8.25    -20X           UNCH to DN 5
SRW Wheat  5.4400-5.4600   UP 2               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: 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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