Bid prices to farmers, FOB Memphis elevators by truck

Tuesday, January 29, 2019

Bids      Change             Basis          Change
Corn       3.8975-3.9975   UP 3.5-UP 9.5      10H to 20H     UP 4 to UP 10
Soybeans   9.0125-9.0925   UNCH               -22H to -14H   UP 2
SRW Wheat  5.1875          DN 1.25            OptH           UNCH
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       4.0050-4.0250   UP 1.5-DN 0.5      2U to 4U       UP 2 to UNCH
Soybeans   9.3225-9.3925   DN 4-DN 2          -30X to -23X   DN 2 to UNCH
SRW Wheat  5.4625-5.5125   DN 1.75            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

1350C      hr