Bid prices to farmers, FOB Memphis elevators by truck

Saturday, May 18, 2019

Bids      Change             Basis          Change
Corn       3.9125-3.9325   UP 4.25            8N to 10N      UNCH
Soybeans   8.1375-8.2175   DN 16-DN 18        -8N to OptN    UP 2 to UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.8250-3.8550   UP 3.5             -8U to -5U     UNCH
Soybeans   8.2125          DN 17.5-DN 18.5    -26X           UNCH to DN 1
SRW Wheat  4.9000-4.9200   DN 2               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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