Bid prices to farmers, FOB Memphis elevators by truck

Saturday, February 16, 2019

Bids      Change             Basis          Change
Corn       3.9275          UP 3-UNCH          18H            UP 3 to UNCH
Soybeans   8.9350-8.9750   UP 5-UP 8          -14H to -10H   UP 1 to UP 4
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.9225-3.9425   UP 0.25            -2U to OptU    UNCH
Soybeans   9.2200-9.2400   UP 4               -30X to -28X   UNCH
SRW Wheat  5.3125-5.3425   DN 4               22N to 25N     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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