Arkansas Daily Grain Report

LR_GR111
Little Rock, AR   Thu, May, 24, 2018   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 mostly 3.50 cents lower; New Crop
soybeans were mostly 1.25 cents lower; New Crop wheat was mixed, 2.75 cents
lower to 3.25 cents higher; Cash sorghum was not quoted; Cash corn was mostly
4.25 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             10.1075     10.1850     ---         ---         ---
Wynne                 10.0075     10.1350     ---         ---         ---
Wheatley              10.1775     10.2750     ---         ---         ---
Pendleton             10.2275     10.3250     ---         ---         ---

River Elevator Prices
Mississippi River
Blytheville           ---         10.3450     5.4925      ---         4.1225
West Memphis          10.4875     10.4450     5.4725      ---         4.1625
Helena                10.4575     10.4750     5.5225      ---         4.1825
Old Town/Elaine       10.4875     10.4450     5.4725      ---         4.1625
Osceola               10.4675     10.3750     5.5425      ---         4.2025

Arkansas/White River
Pine Bluff            ---         10.2350     5.2825      ---         4.0225
Des Arc               10.1275     10.1850     ---         ---         ---

Arkansas Processors
Little Rock           10.2075     10.2550     5.2025      ---         3.8925
Stuttgart             10.1875     10.2750     ---         ---         ---

        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             -25 N       -29 X       ---         ---         ---
Wynne                 -35 N       -34 X       ---         ---         ---
Wheatley              -18 N       -20 X       ---         ---         ---
Pendleton             -13 N       -15 X       ---         ---         ---

River Elevator Prices
Mississippi River
Blytheville           ---         -13 X       19 N        ---         8 N
West Memphis          13 N        -3 X        17 N        ---         12 N
Helena                10 N        0 X         22 N        ---         14 N
Old Town/Elaine       13 N        -3 X        17 N        ---         12 N
Osceola               11 N        -10 X       24 N        ---         16 N

Arkansas/White River
Pine Bluff            ---         -24 X       -2 N        ---         -2 N
Des Arc               -23 N       -29 X       ---         ---         ---

Arkansas Processors
Little Rock           -15 N       -22 X       -10 N       ---         -15 N
Stuttgart             -17 N       -20 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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