Bid prices to farmers, FOB Memphis elevators by truck

Saturday, March 2, 2019

Bids      Change             Basis          Change
Corn       3.8000-3.8800   UP 2.25-UP 1       7K to 15K      UNCH to NO COMP
Soybeans   8.9150-8.9650   UP 1.25-UP 5       -20K to -15K   UNCH to NO COMP
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.8725-3.8925   UP 2               OptU to 2U     UNCH
Soybeans   9.2575          UP 2               -20X           UNCH
SRW Wheat  4.8125-4.8825   DN 10.25-DN 3.25   18N to 25N     DN 7 to 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: February 2019

No. 2 Yellow Corn                       3.9392
No. 1 Yellow Soybeans                   9.2722
No. 2 Soft Red Winter Wheat             5.2894
No. 1 Yellow Sorghum                        NA

Source: USDA-AR Agriculture Dept, Little Rock, AR
        Heather Rley  501-823-1743
        www.ams.usda.gov/mnreports/lr_gr110.txt
        www.ams.usda.gov/LPSMarketNewsPage

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