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USDA-LR: Memphis Daily Grain

Little Rock, AR - Wed, Feb 14, 2018 - USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.7425-3.8825   DN 7.5-UP 1.5      7H to 21H      DN 8 to UP 1
Soybeans   10.2025-10.2725 UP 5.5             3H to 10H      UNCH
SRW Wheat  4.7075          DN 5               15H            UNCH
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.8075-3.8275   UP 2.25-UP 0.25    -8U to -6U     UP 2 to UNCH
Soybeans   10.1500-10.2200 UP 0.75            -5X to 2X      UNCH
SRW Wheat  4.9375-4.9875   DN 3.75            10N to 15N     UNCH
Sorghum    6.5800-6.7200   DN 13-UP 1         -28Z to -20Z   DN 8 to 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

1359C      hr

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