Bid prices to farmers, FOB Memphis elevators by truck

Thursday, May 16, 2019

Bids      Change             Basis          Change
Corn       3.7750-3.7950   UP 0.75            8N to 10N      UNCH
Soybeans   8.2550-8.3550   UP 4               -10N to OptN   UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.7025-3.7325   UP 1               -8U to -5U     UNCH
Soybeans   8.3375-8.3475   UP 3.25            -26X to -25X   UNCH
SRW Wheat  4.7375-4.7575   UP 0.25            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
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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