USDA Memphis, TN Daily Grain 01/18 13:55

USDA Memphis, TN Daily Grain                       01/18 13:55
LR_GR110
Little Rock, AR     Fri, Jan 18, 2019     USDA-AR Ag Dept

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.8675-3.8775   UP 4.75-UP 1.75    5H to 6H       UP 3 to UNCH
Soybeans   8.8875          UP 10-UP 9         -28H           UP 1 to UNCH
SRW Wheat  5.1775          UNCH               OptH           UNCH
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.9475-4.0375   UP 1.25            -5U to 4U      UNCH
Soybeans   9.2775-9.3075   UP 9.5-UP 7.5      -28X to -25X   UP 2 to UNCH
SRW Wheat  5.4375-5.4875   UP 0.5             15N to 20N     UNCH
Sorghum    NA              NA                 NA             NA

* 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
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Monthly Prices for: December 2018

No. 2 Yellow Corn                       3.8455
No. 1 Yellow Soybeans                   8.7963
No. 2 Soft Red Winter Wheat                 NA
No. 1 Yellow Sorghum                    5.7388

Source: USDA-AR Agriculture Dept, Little Rock, AR
        Heather Riley  501-823-1743
        www.ams.usda.gov/mnreports/lr_gr110.txt
        www.ams.usda.gov/LPSMarketNewsPage

1348C      hr

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