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USDA-LR: Memphis Daily Grain

Little Rock, AR - Tue, Feb 13, 2018 - USDA-AR Dept of Ag Market News


Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.8175-3.8675   DN 0.25            15H to 20H     UNCH
Soybeans   10.1475-10.2175 UP 10-UP 12        3H to 10H      UNCH to UP 2
SRW Wheat  4.7575          DN 0.25            15H            UP 3
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.7850-3.8250   DN 2.75-DN 0.75    -10U to -6U    DN 2 to UNCH
Soybeans   10.1425-10.2125 UP 5-UP 7          -5X to 2X      UNCH to UP 2
SRW Wheat  4.9750-5.0250   DN 2               10N to 15N     UNCH
Sorghum    6.7100          DN 2               -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

1346C      hr

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