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Memphis Daily Quotes

Little Rock, AR     Thu, May 05, 2016     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.6675-3.8675   DN 1.5-UP 3.5      -5K to 15K     UNCH to UP 5
Soybeans   10.0350-10.0850 DN 21              OptK to 5K     UNCH
SRW Wheat  4.4800          DN 7.5             -5K            UNCH
Sorghum    6.3700          DN 3               -15K           UNCH

Contract Bids for New Crop Delivery
Corn       3.6775          DN 3.25            -8U            UNCH
Soybeans   10.1350         DN 14              12X            UNCH
SRW Wheat  4.3325-4.7525   DN 8               -30N to 12N    UNCH
Sorghum    6.1000          DN 6               -40Z           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: April 2016

No. 2 Yellow Corn                       3.7770
No. 1 Yellow Soybeans                   9.6520
No. 2 Soft Red Winter Wheat             4.6596
No. 1 Yellow Sorghum                    6.4290

Source: USDA-AR Coop Ext Service, Little Rock, AR
        Heather Riley  501-671-2200

1350C      hr