Bid prices to farmers, FOB Memphis elevators by truck

Tuesday, January 15, 2019

Bids      Change             Basis          Change
Corn       3.7450-3.8150   UP 3.25-DN 1.75    -4H to 3H      UP 3 to DN 2
Soybeans   8.7750-8.7850   DN 7.75-DN 9.75    -26H to -25H   DN 1 to DN 3
SRW Wheat  5.1425          DN 5.25            OptH           UNCH
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.9300-4.0200   DN 2.25-UP 0.75    -5U to 4U      DN 3 to UNCH
Soybeans   9.2150-9.2650   DN 5.5             -25X to -20X   UNCH
SRW Wheat  5.3950-5.4150   DN 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
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
        James M. Ward  501-823-1743

1422C      JMW