Bid prices to farmers, FOB Memphis elevators by truck

Tuesday, April 2, 2019

Bids      Change             Basis          Change
Corn       3.7175          DN 10.25-DN 12.25  10K            UP 2 to UNCH
Soybeans   8.6950-8.7550   UP 8-UP 12         -26K to -20K   UP 2 to UP 6
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.7125-3.7325   DN 13.75-DN 11.75  -8U to -6U     DN 2 to UNCH
Soybeans   9.0225-9.0425   UP 4.5             -26X to -24X   UNCH
SRW Wheat  4.9000-4.9300   DN 2.5             22N to 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
Monthly Prices for: March 2019

No. 2 Yellow Corn                       3.5684
No. 1 Yellow Soybeans                   8.7458
No. 2 Soft Red Winter Wheat                 NA
No. 1 Yellow Sorghum                        NA

Source: USDA-AR Agriculture Dept, Little Rock, AR
        Heather Riley  501-823-1743

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