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USDA-LR: Memphis Daily Grain

Little Rock, AR - Mon, Apr 16, 2018 - USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.9250-3.9450   DN 3.75            10K to 12K     UNCH
Soybeans   10.5200-10.5600 DN 12.25-DN 14.25  10K to 14K     UNCH to DN 2
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.9625-3.9825   DN 3.25            -2U to OptU    UNCH
Soybeans   10.4525         DN 9.25            5X             UNCH
SRW Wheat  4.8700-4.9900   DN 10.25           8N to 20N      UNCH
Sorghum    6.3800-6.8300   DN 6               -50Z 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: March 2018

No. 2 Yellow Corn                       3.9169
No. 1 Yellow Soybeans                  10.3715
No. 2 Soft Red Winter Wheat             5.1175
No. 1 Yellow Sorghum                        NA

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

1340C      hr

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