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Arkansas Daily Grain Report

LR_GR111
Little Rock, AR   Tue, May, 23, 2017   USDA- AR Coop Ext Service

 Arkansas Daily Grain

   Prices quoted are today's closing cash or contract prices del. To these
points.  Prices are per bushel, except sorghum is per hundredweight (cwt).

Compared to last report:  Cash soybeans were 5.25-8.25 cents lower; New Crop
soybeans were 6.75-7.75 cents lower; New Crop wheat was mostly 4.75 cents lower;
Cash sorghum was 10.00 cents lower; Cash corn was 4.50-5.50 cents lower.

Country Elevator Prices

                      No 1        No 1        No 2        No 2        No 2
                      Yellow      Yellow      Soft Red    Yellow      Yellow
                      Soybeans    Soybeans    Wheat       Sorghum     Corn
                      Cash        New Crop    New Crop    Cash        Cash
Eastern Arkansas
Jonesboro             9.1625      9.2050      ---         ---         ---
Wynne                 9.1525      9.2850      ---         ---         ---
Wheatley              9.2625      9.2950      ---         ---         ---
Pendleton             9.3325      9.3750      ---         ---         ---

River Elevator Prices
Mississippi River
Blytheville           ---         9.5250      4.5450      ---         ---
West Memphis          9.5025      9.5350      4.5150      ---         3.7450
Helena                9.5325      9.5450      4.4950      ---         3.7450
Old Town/Elaine       9.4825      9.5350      4.4450      5.6150      3.7450
Osceola               9.5825      9.5550      4.6050      ---         3.7950

Arkansas/White River
Pine Bluff            9.4025      9.2950      4.2850      ---         ---
Des Arc               9.1625      9.2050      ---         ---         ---

Arkansas Processors
Little Rock           9.3325      9.3350      4.3250      ---         3.5350
Stuttgart             9.2825      9.3150      ---         ---         ---

        Basis
   Basis Report:  Basis delivered to these points.  Prices are per bushel, except
sorghum is per hundredweight (cwt).

Country Elevator Basis

                      No 1        No 1        No 2        No 2        No 2
                      Yellow      Yellow      Soft Red    Yellow      Yellow
                      Soybeans    Soybeans    Wheat       Sorghum     Corn
                      Cash        New Crop    New Crop    Cash        Cash
Eastern Arkansas
Jonesboro             -32 N       -28 X       ---         ---         ---
Wynne                 -33 N       -20 X       ---         ---         ---
Wheatley              -22 N       -19 X       ---         ---         ---
Pendleton             -15 N       -11 X       ---         ---         ---

River Elevator Prices
Mississippi River
Blytheville           ---         4 X         25 N        ---         ---
West Memphis          2 N         5 X         22 N        ---         5 N
Helena                5 N         6 X         20 N        ---         5 N
Old Town/Elaine       0 N         5 X         15 N        -55 N       5 N
Osceola               10 N        7 X         31 N        ---         10 N

Arkansas/White River
Pine Bluff            -8 N        -19 X       -1 N        ---         ---
Des Arc               -32 N       -28 X       ---         ---         ---

Arkansas Processors
Little Rock           -15 N       -15 X       3 N         ---         -16 N
Stuttgart             -20 N       -17 X       ---         ---         ---

CBOT 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

Source:   USDA Market News, Little Rock, AR
          Heather Riley  501-671-2200
          www.ams.usda.gov/mnreports/lr_gr111.txt
          http://www.ams.usda.gov/lpsmarketnewspage

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