Bid prices to farmers, FOB Memphis elevators by truck

Friday, January 25, 2019

Bids      Change             Basis          Change
Corn       3.8100-3.8500   DN 5.75-DN 1.75    4H to 8H       DN 4 to UNCH
Soybeans   8.9200-8.9400   UP 2-UP 1          -24H to -22H   UP 1 to UNCH
SRW Wheat  5.2150          DN 4.5             OptH           UNCH
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       4.0050          UP 2.75-DN 1.25    4U             UP 4 to UNCH
Soybeans   9.2850-9.3150   UP 0.25            -28X to -25X   UNCH
SRW Wheat  5.4900-5.5400   DN 3.5             15N to 20N     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
        Heather Riley  501-823-1743

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