Bid prices to farmers, FOB Memphis elevators by truck

Friday, March 1, 2019

Bids      Change             Basis          Change
Corn       3.7775-3.8700   DN 3-DN 1.75       7K to 25H      UNCH
Soybeans   8.9025-8.9150   DN 1.5-DN 6        -20K to -6H    UP 5 to UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.8525-3.8725   DN 2.75            OptU to 2U     UNCH
Soybeans   9.2375          DN 5.5             -20X           UNCH
SRW Wheat  4.9150          DN 6.75            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
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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