Bid prices to farmers, FOB Memphis elevators by truck

Tuesday, May 7, 2019

Bids      Change             Basis          Change
Corn       3.7425-3.8425   DN 6.5-DN 11.5     10N to 20N     UNCH to DN 5
Soybeans   8.2025-8.2325   DN 12              -10N to -7N    UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.6375-3.6475   DN 6               -8U to -7U     UNCH
Soybeans   8.2700-8.3300   DN 5.25-DN 11.25   -26X to -20X   UP 6 to UNCH
SRW Wheat  4.6225          DN 0.75            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: April 2019

No. 2 Yellow Corn                       3.7114
No. 1 Yellow Soybeans                   8.6797
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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