Bid prices to farmers, FOB Memphis elevators by truck

Wednesday, May 22, 2019

Bids      Change             Basis          Change
Corn       4.0225-4.0925   UP 5.25-UP 0.25    8N to 15N      UNCH to DN 5
Soybeans   8.1400-8.3000   DN 9.75            -8N to 8N      UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.9775-4.0075   UP 9               -5U to -2U     UP 3
Soybeans   8.1850-8.2350   DN 13.25-DN 9.25   -30X to -25X   DN 4 to UNCH
SRW Wheat  5.1075-5.1375   UP 12.5-UP 0.5     32N to 35N     UP 12 to 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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