Bid prices to farmers, FOB Memphis elevators by truck

Tuesday, March 12, 2019

Bids      Change             Basis          Change
Corn       3.6800-3.7400   DN 2.25            6K to 12K      UNCH
Soybeans   8.7500-8.8500   DN 5.75            -15K to -5K    UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.7325-3.7825   DN 2               -5U to OptU    UNCH
Soybeans   9.0150-9.0550   DN 5               -24X to -20X   UNCH
SRW Wheat  4.5200-4.5700   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
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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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