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USDA-LR: Memphis Daily Grain

Little Rock, AR - Fri, Jan 12, 2018 - USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.6325-3.7125   DN 2.5-UP 1.5      17H to 25H     UNCH to UP 4
Soybeans   9.7350-9.8250   UP 10.5-UP 12.5    13H to 22H     UNCH to UP 2
SRW Wheat  3.9550-4.2550   DN 12.75           -25H to 5H     UNCH
Sorghum    5.5600          DN 4               -35H           UNCH

Contract Bids for New Crop Delivery
Corn       3.5575          DN 2.25            -15U           UNCH
Soybeans   9.7850-9.8350   UP 12              -5X to OptX    UNCH
SRW Wheat  4.5150          DN 12.25           5N             UNCH
Sorghum    6.2600          DN 4               -30Z           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: December 2017

No. 2 Yellow Corn                       3.5111
No. 1 Yellow Soybeans                   9.7228
No. 2 Soft Red Winter Wheat             4.1153
No. 1 Yellow Sorghum                    5.6242

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

1342C      hr

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