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USDA-LR: Memphis Daily Grain

Little Rock, AR - Fri, Feb 09, 2018 - USDA-AR Dept of Ag Market News


Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.7200-3.8400   DN 11.75-DN 3.75   10H to 22H     DN 8 to UNCH
Soybeans   9.8600-9.9300   DN 3.75-DN 4.75    3H to 10H      UP 1 to UNCH
SRW Wheat  4.6100          DN 7.25            12H            UNCH
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.7625-3.7825   DN 3               -8U to -6U     UNCH
Soybeans   9.9500-10.0000  DN 4.5             -5X to OptX    UNCH
SRW Wheat  4.8475-4.8675   DN 7.75            10N to 12N     UNCH
Sorghum    6.6500          DN 5               -20Z           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: January 2018

No. 2 Yellow Corn                       3.7085
No. 1 Yellow Soybeans                   9.8667
No. 2 Soft Red Winter Wheat             4.2189
No. 1 Yellow Sorghum                    5.6735

Source: USDA-AR Coop Ext Service, Little Rock, AR
        Heather Riley  501-671-2200
        www.ams.usda.gov/mnreports/lr_gr110.txt
        www.ams.usda.gov/LPSMarketNewsPage

1342C      hr

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