Bid prices to farmers, FOB Memphis elevators by truck

Tuesday, May 21, 2019

Bids      Change             Basis          Change
Corn       3.9700-4.0900   UP 5.75-UP 15.75   8N to 20N      UNCH to UP 10
Soybeans   8.2375-8.3975   UP 10-UP 18        -8N to 8N      UNCH to UP 8
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.8875-3.9175   UP 6.25            -8U to -5U     UNCH
Soybeans   8.3175-8.3275   UP 10.5-UP 11.5    -26X to -25X   UNCH to UP 1
SRW Wheat  4.9825-5.1325   UP 8.25-UP 21.25   20N to 35N     DN 5 to UP 8
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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