Bid prices to farmers, FOB Memphis elevators by truck

Friday, May 17, 2019

Bids      Change             Basis          Change
Corn       3.8700-3.8900   UP 9.5             8N to 10N      UNCH
Soybeans   8.2975-8.3975   UP 4.25            -10N to OptN   UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.7900-3.8200   UP 8.75            -8U to -5U     UNCH
Soybeans   8.3875-8.3975   UP 5               -26X to -25X   UNCH
SRW Wheat  4.9200-4.9400   UP 18.25           25N to 27N     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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