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Memphis Daily Quotes

Little Rock, AR     Tue, May 24, 2016     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       4.0050          DN 0.25            3N             UNCH
Soybeans   10.5475         DN 1.75            OptN           UP 2
SRW Wheat  4.5400          UP 2               -10N           UNCH
Sorghum    6.4700          DN 1               -35N           UNCH

Contract Bids for New Crop Delivery
Corn       4.0000          DN 7.75            OptU           DN 8
Soybeans   10.4425         DN 5               15X            UP 2
SRW Wheat  4.3400-4.7400   UP 2               -30N to 10N    UNCH
Sorghum    5.9400          UNCH               -70Z           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
        Dakota Arthur  501-671-2223

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