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USDA - AMS: Memphis Daily Grain (2020-07-16)

USDA U.S. Department of Agriculture - July 16, 2020

Little Rock, AR     Thu, Jul 16, 2020     USDA-AR Ag Dept

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Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.4425          UP 4               14U            UNCH
Soybeans   9.2150-9.2350   UP 7.25            28Q to 30Q     UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.4425-3.4525   UP 4               14U to 15U     UNCH
Soybeans   9.1300          UP 10.25-UP 8.25   22X            UP 2 to UNCH
SRW Wheat  5.5450          DN 8.5             10N            UNCH
Sorghum    6.3800          UP 6               20Z            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: June 2020

No. 2 Yellow Corn                       3.4719
No. 1 Yellow Soybeans                   8.9602
No. 2 Soft Red Winter Wheat             5.1043
No. 1 Yellow Sorghum                        NA

Source: USDA-AR Agriculture Dept, Little Rock, AR
        Heather  Riley  501-823-1743

1354C      hr

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