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USDA-LR: Memphis Daily Grain

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

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       4.0175-4.0675   DN 6-DN 2          10K to 15K     DN 7 to DN 3
Soybeans   10.4275         UP 5.75-UP 4.75    -6K            DN 2 to DN 3
SRW Wheat  4.9450          DN 6.25            8K             DN 2
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.9250-4.0050   DN 0.25-UP 1.75    -12U to -4U    DN 2 to UNCH
Soybeans   10.4400-10.5000 UP 8               OptX to 6X     UNCH
SRW Wheat  5.1250-5.2450   DN 5-DN 3          8N to 20N      DN 2 to UNCH
Sorghum    6.6900-6.8700   UP 3-UP 4          -35Z to -25Z   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

1359C      hr

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