Bid prices to farmers, FOB Memphis elevators by truck

Thursday, March 28, 2019

Bids      Change             Basis          Change
Corn       3.8375-3.8675   DN 3.5             10K to 13K     UNCH
Soybeans   8.6150-8.6550   DN 13.25-DN 15.25  -26K to -22K   UNCH to DN 2
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.8450          DN 2.75            -6U            UNCH
Soybeans   8.9725-9.0325   DN 11.5            -26X to -20X   UNCH
SRW Wheat  5.0000          UP 0.5             25N            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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