Bid prices to farmers, FOB Memphis elevators by truck

Friday, March 29, 2019

Bids      Change             Basis          Change
Corn       3.8200-3.8400   DN 1.75-DN 2.75    8K to 10K      DN 2 to DN 3
Soybeans   8.6150-8.6350   UNCH-DN 2          -28K to -26K   DN 2 to DN 4
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.8500          UP 0.5             -6U            UNCH
Soybeans   8.9775-8.9975   UP 0.5-DN 3.5      -26X to -24X   UNCH to DN 4
SRW Wheat  4.9250-4.9550   DN 7.5-DN 4.5      22N to 25N     DN 3 to 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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