Bid prices to farmers, FOB Memphis elevators by truck

Wednesday, March 6, 2019

Bids      Change             Basis          Change
Corn       3.8175-3.9075   UP 1               6K to 15K      UNCH
Soybeans   8.9875-9.0375   DN 2.25-UP 2.75    -15K to -10K   UNCH to UP 5
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.8825-3.9025   UP 1.25-DN 0.75    -2U to OptU    UNCH to DN 2
Soybeans   9.2825          DN 2.25            -20X           UNCH
SRW Wheat  4.8800-4.9300   UP 9-UP 7          20N to 25N     UP 2 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 Riley  501-823-1743
        www.ams.usda.gov/mnreports/lr_gr110.txt
        www.ams.usda.gov/LPSMarketNewsPage

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