Bid prices to farmers, FOB Memphis elevators by truck

Thursday, March 7, 2019

Bids      Change             Basis          Change
Corn       3.7850-3.8750   DN 3.25            6K to 15K      UNCH
Soybeans   8.8700-8.9200   DN 11.75           -15K to -10K   UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.8250-3.8750   DN 5.75-DN 2.75    -5U to OptU    DN 3 to UNCH
Soybeans   9.1275-9.1675   DN 15.5-DN 11.5    -24X to -20X   DN 4 to UNCH
SRW Wheat  4.7050-4.7550   DN 17.5            15N to 20N     DN 5
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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