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USDA-LR: Memphis Daily Grain

Little Rock, AR - Thu, Mar 08, 2018 - USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       4.0750-4.1050   UP 6.25            14K to 17K     UNCH
Soybeans   10.6200-10.6600 DN 1.25            -2K to 2K      UNCH
SRW Wheat  5.0725          DN 5               8K             DN 7
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.9900-4.0100   UP 5.25            -6U to -4U     UNCH
Soybeans   10.4700-10.5100 DN 4.5-DN 5.5      2X to 6X       DN 5 to DN 6
SRW Wheat  5.2325-5.3025   UP 0.25-UP 2.25    8N to 15N      DN 2 to UNCH
Sorghum    6.7000-7.0600   UP 7               -35Z to -15Z   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: February 2018

No. 2 Yellow Corn                       3.8409
No. 1 Yellow Soybeans                  10.1493
No. 2 Soft Red Winter Wheat             4.6797
No. 1 Yellow Sorghum                    5.8300

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

1351C      hr

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