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USDA-LR: Memphis Daily Grain

Little Rock, AR - Fri, Aug 11, 2017 - USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.5775          UP 6.5-UP 3.5      -3U            UP 3 to UNCH
Soybeans   9.5700-9.5900   UP 4.75-UP 3.75    12X to 14X     UNCH to DN 1
SRW Wheat  NA              NA                 NA             NA
Sorghum    6.5100          UP 6               -10Z           UNCH

Contract Bids for New Crop Delivery
Corn       NA              NA                 NA             NA
Soybeans   9.5700-9.5900   UP 4.75-UP 3.75    12X to 14X     UNCH to DN 1
SRW Wheat  5.1325-5.1825   DN 1               OptN to 5N     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: July 2017

No. 2 Yellow Corn                       3.7182
No. 1 Yellow Soybeans                  10.0656
No. 2 Soft Red Winter Wheat             5.1879
No. 1 Yellow Sorghum                    6.5258

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

1349C      hr

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