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USDA-LR: Memphis Daily Grain

Little Rock, AR - Tue, May 15, 2018 - USDA-AR Dept of Ag Market News


Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       4.2225-4.2425   UP 7.75-UP 5.75    20N to 22N     UP 2 to UNCH
Soybeans   10.2875-10.3075 DN 1-UP 1          10N to 12N     DN 2 to UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       4.1250          UP 5.75            2U             UNCH
Soybeans   10.2075-10.2475 DN 2.5-UP 1.5      -4X to OptX    DN 4 to UNCH
SRW Wheat  5.0950          UP 3.25-UP 2.25    16N            UP 1 to UNCH
Sorghum    6.7700-6.9500   UP 27              -40Z to -30Z   UP 10

* 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: April 2018

No. 2 Yellow Corn                       3.9463
No. 1 Yellow Soybeans                  10.4262
No. 2 Soft Red Winter Wheat                NA
No. 1 Yellow Sorghum                       NA

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

1348C      hr

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