Bid prices to farmers, FOB Memphis elevators by truck

Tuesday, April 9, 2019

Bids      Change             Basis          Change
Corn       3.7000-3.7500   DN 2.5             10K to 15K     UNCH
Soybeans   8.8075-8.8675   UP 1.75-UP 5.75    -18K to -12K   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          DN 2.25            -6U            UNCH
Soybeans   9.0625-9.0825   DN 0.5             -26X to -24X   UNCH
SRW Wheat  4.9375          DN 1               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: 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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