Memphis Daily Grain

LR_GR110
Little Rock, AR Fri, Jan 11, 2019 USDA-AR Ag Dept

Bid prices to farmers, FOB Memphis elevators by truck

Bids Change Basis Change
Corn 3.7125-3.8325 DN 5-UP 2 -7H to 5H DN 7 to UNCH
Soybeans 8.8525-8.8825 UP 0.5-UP 1.5 -25H to -22H DN 3 to DN 2
SRW Wheat 5.1950 UP 5.75 OptH UNCH
Sorghum NA NA NA NA

Contract Bids for New Crop Delivery
Corn 3.9525-4.0125 UP 2.25 -2U to 4U UNCH
Soybeans 9.2700-9.3200 UP 4 -25X to -20X UNCH
SRW Wheat 5.4450-5.4650 UP 5.25 15N to 17N 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: December 2018

No. 2 Yellow Corn 3.8455
No. 1 Yellow Soybeans 8.7963
No. 2 Soft Red Winter Wheat NA
No. 1 Yellow Sorghum 5.7388

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

1346C hr