Bid prices to farmers, FOB Memphis elevators by truck

Wednesday, May 1, 2019

Bids      Change             Basis          Change
Corn       3.5825-3.7325   DN 9.75-UP 1.25    5K to 20K      DN 11 to UNCH
Soybeans   8.3125-8.4125   DN 6.25-UP 1.75    -10K to OptK   UNCH to UP 8
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.6250-3.6350   UP 0.5-DN 0.5      -8U to -7U     UNCH to DN 1
Soybeans   8.4275-8.5475   DN 6-DN 4          -32X to -20X   UNCH to UP 2
SRW Wheat  4.5375          DN 6.5             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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