Bid prices to farmers, FOB Memphis elevators by truck

Wednesday, March 20, 2019

Bids      Change             Basis          Change
Corn       3.7725-3.8825   DN 0.25-UP 1.75    6K to 17K      UNCH to UP 2
Soybeans   8.9200-9.0400   DN 1.75            -12K to OptK   UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.8250-3.8950   UNCH               -5U to 2U      UNCH
Soybeans   9.1425-9.2625   DN 0.75            -24X to -12X   UNCH
SRW Wheat  4.7775-4.8575   DN 0.75-UP 0.25    15N to 23N     UNCH to UP 1
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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