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USDA-LR: Memphis Daily Grain

Little Rock, AR - Mon, Mar 20, 2017 - USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.7450-3.7550   DN 4               11K to 12K     UNCH
Soybeans   9.9450          DN 0.5             -5K            UNCH
SRW Wheat  4.4025          DN 6               10K            UNCH
Sorghum    5.6000          DN 7               -50K           UNCH

Contract Bids for New Crop Delivery
Corn       3.6850-3.7050   DN 3.75            -10U to -8U    UNCH
Soybeans   9.8950-9.9150   UNCH               -4X to -2X     UNCH
SRW Wheat  4.6050          DN 6               15N            UNCH
Sorghum    6.0900          DN 7               -45Z           UNCH

* 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: February 2017

No. 2 Yellow Corn                       3.8849
No. 1 Yellow Soybeans                  10.4483
No. 2 Soft Red Winter Wheat             4.4568
No. 1 Yellow Sorghum                    5.7906

Source: USDA-AR Coop Ext Service, Little Rock, AR
        Heather Riley  501-671-2200

1354C      hr

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