Memphis Daily Quotes

LR_GR110
Little Rock, AR     Thu, May 24, 2018     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       4.2025-4.2625   DN 4.25            16N to 22N     UNCH
Soybeans   10.4775-10.4975 DN 3.5             12N to 14N     UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       4.1300-4.1500   DN 4.25            OptU to 2U     UNCH
Soybeans   10.4250-10.4750 DN 1.25-UP 2.75    -5X to OptX    UNCH to UP 4
SRW Wheat  5.5225          UP 4.25-DN 0.75    22N            UP 5 to UNCH
Sorghum    6.8300-7.0100   DN 7               -40Z to -30Z   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
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Monthly Prices for: April 2018

No. 2 Yellow Corn                       3.9463
No. 1 Yellow Soybeans                  10.4262
No. 2 Soft Red Winter Wheat                NA
No. 1 Yellow Sorghum                       NA

Source: USDA-AR Coop Ext Service, Little Rock, AR
        Heather Riley  501-671-2200
        www.ams.usda.gov/mnreports/lr_gr110.txt
        www.ams.usda.gov/LPSMarketNewsPage

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