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USDA-LR: Memphis Daily Grain

Little Rock, AR - Fri, May 19, 2017 - USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.7750-3.7850   UP 6.5             5N to 6N       UNCH
Soybeans   9.5500-9.5900   UP 0.25-UP 4.25    2N to 6N       DN 8 to DN 4
SRW Wheat  4.5025          UP 9.5             15N            UNCH
Sorghum    6.1200          UP 12              -30N           UNCH

Contract Bids for New Crop Delivery
Corn       3.6975-3.7475   UP 8-UP 6          -10U to -5U    UP 2 to UNCH
Soybeans   9.5775-9.5875   UP 7-UP 6          6X to 7X       UNCH to DN 1
SRW Wheat  4.5125-4.5525   UP 9.5             16N to 20N     UNCH
Sorghum    6.5200          UP 11              -25Z           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: April 2017

No. 2 Yellow Corn                       3.7128
No. 1 Yellow Soybeans                   9.4514
No. 2 Soft Red Winter Wheat             4.3461
No. 1 Yellow Sorghum                    5.6042

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

1353C      hr

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