Bid prices to farmers, FOB Memphis elevators by truck

Wednesday, February 6, 2019

Bids      Change             Basis          Change
Corn       3.9475-3.9575   UP 1.5             14H to 15H     UNCH
Soybeans   9.0525-9.0625   UP 1.75            -15H to -14H   UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.9700-4.0100   UP 0.75            -2U to 2U      UNCH
Soybeans   9.3050-9.4050   UP 2.5-UP 5.5      -30X to -20X   UNCH to UP 3
SRW Wheat  5.4575-5.5075   DN 2.5             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: January 2019

No. 2 Yellow Corn                       3.8513
No. 1 Yellow Soybeans                   8.9309
No. 2 Soft Red Winter Wheat             5.1807
No. 1 Yellow Sorghum                          NA

Source: USDA-AR Agriculture Dept, Little Rock, AR
        Heather Riley  501-823-1743

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