USDA Memphis, TN Daily Grain 06/11 14:35

USDA Memphis, TN Daily Grain                       06/11 14:35
LR_GR110
Little Rock, AR     Tue, Jun 11, 2019     USDA-AR Ag Dept

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       4.3575-4.4275   UP 12              8N to 15N      UNCH
Soybeans   8.5525-8.8425   UP 0.75            -4N to 25N     UNCH
SRW Wheat  5.5300-5.6300   UP 10.5-UP 13.5    35N to 45N     UNCH to UP 3
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       4.3225-4.3425   UP 13.25-UP 14.25  -4U to -2U     UP 1 to UP 2
Soybeans   8.5700-8.6000   UP 1.25            -30X to -27X   UNCH
SRW Wheat  NA              NA                 NA             NA
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: May 2019

No. 2 Yellow Corn                       3.9595
No. 1 Yellow Soybeans                   8.3360
No. 2 Soft Red Winter Wheat                 NA
No. 1 Yellow Sorghum                        NA

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

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