Bid prices to farmers, FOB Memphis elevators by truck

Saturday, May 11, 2019

Bids      Change             Basis          Change
Corn       3.5975-3.8175   DN 1.5             8N to 30N      UNCH
Soybeans   7.9925-8.1225   DN 3.5-UP 2.5      -10N to 3N     UNCH to UP 6
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.5300-3.5400   DN 1               -8U to -7U     UNCH
Soybeans   8.0125-8.1325   DN 2.5             -32X to -20X   UNCH
SRW Wheat  4.4975          DN 4.75            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
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

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