Bid prices to farmers, FOB Memphis elevators by truck

Thursday, April 4, 2019

Bids      Change             Basis          Change
Corn       3.7775          UP 6               15K            UP 5
Soybeans   8.7875-8.8075   UP 9.25-UP 5.25    -20K to -18K   UP 6 to UP 2
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.7450          UP 3.25-UP 1.25    -6U            UP 2 to UNCH
Soybeans   9.0600-9.0800   UP 3.75            -26X to -24X   UNCH
SRW Wheat  4.9950          UP 9.5-UP 6.5      25N            UP 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: 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
        www.ams.usda.gov/mnreports/lr_gr110.txt
        www.ams.usda.gov/LPSMarketNewsPage

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