Bid prices to farmers, FOB Memphis elevators by truck

Thursday, January 10, 2019

Bids      Change             Basis          Change
Corn       3.8200-3.8700   DN 2-UP 2          OptH to 5H     DN 4 to UNCH
Soybeans   9.0400-9.0800   UP 1.5-UP 4.5      -20H to -16H   DN 4 to DN 1
SRW Wheat  5.2000          UP 2.25            OptH           UNCH
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.9800-4.0400   UP 1.5             -2U to 4U      UNCH
Soybeans   9.4250          UP 5               -20X           UNCH
SRW Wheat  5.4575-5.4775   UP 1.75            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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