Bid prices to farmers, FOB Memphis elevators by truck

Friday, April 12, 2019

Bids      Change             Basis          Change
Corn       3.7000          DN 1.75            10K            UNCH
Soybeans   8.8125-8.8325   DN 2.75-DN 6.75    -14K to -12K   UP 4 to UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.7075          DN 2.25            -6U            UNCH
Soybeans   9.0225-9.0425   DN 6.25            -26X to -24X   UNCH
SRW Wheat  4.9050          UP 7-UP 4          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
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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