Bid prices to farmers, FOB Memphis elevators by truck

Friday, March 8, 2019

Bids      Change             Basis          Change
Corn       3.7125-3.8025   DN 7.25            6K to 15K      UNCH
Soybeans   8.8750-8.9250   UP 0.5             -15K to -10K   UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.7600-3.8100   DN 6.5             -5U to OptU    UNCH
Soybeans   9.1250-9.1650   DN 0.25            -24X to -20X   UNCH
SRW Wheat  4.6000-4.6500   DN 10.5            15N to 20N     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: 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

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