Bid prices to farmers, FOB Memphis elevators by truck

Tuesday, February 26, 2019

Bids      Change             Basis          Change
Corn       3.8250-3.9550   DN 5-UP 2          12H to 25H     UNCH to UP 7
Soybeans   8.9775-9.0375   UP 0.75            -14H to -8H    UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.9275-3.9475   DN 3.5-DN 1.5      OptU to 2U     UNCH to UP 2
Soybeans   9.2750-9.3550   UP 3.25-UP 9.25    -28X to -20X   UP 2 to UP 8
SRW Wheat  4.9975-5.0275   DN 15.75           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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