Memphis Daily Quotes

Little Rock, AR     Fri, Mar 16, 2018     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.8875-3.9075   DN 4-DN 6          6K to 8K       UNCH to DN 2
Soybeans   10.4150-10.4550 UP 8.75-UP 9.75    -8K to -4K     UNCH to UP 1
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.9175-3.9275   UP 1.75-DN 3.25    -5U to -4U     UP 5 to UNCH
Soybeans   10.4100-10.4700 UP 7.5             OptX to 6X     UNCH
SRW Wheat  4.9500-5.0500   DN 9-DN 11         10N to 20N     UP 2 to UNCH
Sorghum    6.5800-6.7600   DN 5               -35Z to -25Z   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: February 2018

No. 2 Yellow Corn                       3.8409
No. 1 Yellow Soybeans                  10.1493
No. 2 Soft Red Winter Wheat             4.6797
No. 1 Yellow Sorghum                    5.8300

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

1335C      hr

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