Bid prices to farmers, FOB Memphis elevators by truck

Friday, February 8, 2019

Bids      Change             Basis          Change
Corn       3.9250          DN 2.5-DN 3.5      16H            UP 1 to UNCH
Soybeans   8.9725-8.9925   DN 8.5             -16H to -14H   UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.9325-3.9725   DN 3.25            -2U to 2U      UNCH
Soybeans   9.2575-9.3275   DN 7.25            -30X to -23X   UNCH
SRW Wheat  5.3675-5.4175   DN 10.5            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
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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
        www.ams.usda.gov/mnreports/lr_gr110.txt
        www.ams.usda.gov/LPSMarketNewsPage

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