Bid prices to farmers, FOB Memphis elevators by truck

Saturday, January 26, 2019

Bids      Change             Basis          Change
Corn       3.8625-3.9025   UP 5.25            6H to 10H      UP 2
Soybeans   9.0125-9.0925   UP 9.25-UP 15.25   -24H to -16H   UNCH to UP 6
SRW Wheat  5.2000          DN 1.5             OptH           UNCH
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.9900-4.0300   DN 1.5-UP 2.5      OptU to 4U     DN 4 to UNCH
Soybeans   9.3625-9.4125   UP 7.75-UP 9.75    -28X to -23X   UNCH to UP 2
SRW Wheat  5.4800-5.5300   DN 1               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
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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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