Memphis Daily Grain
LR_GR110
Little Rock, AR     Thu, Oct 11, 2018     USDA-AR Ag Dept

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.6225-3.7125   UP 4.5-UP 6.5      -7Z to 2Z      DN 2 to UNCH
Soybeans   8.1625-8.3025   UP 6               -42X to -28X   UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    5.3400          UP 11              -70Z           UNCH

Contract Bids for New Crop Delivery
Corn       3.9200-3.9700   UP 6               -5U to OptU    UNCH
Soybeans   NA              NA                 NA             NA
SRW Wheat  5.4800-5.5300   DN 0.75            OptN to 5N     UNCH
Sorghum    NA              NA                 NA             NA

* 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: September 2018

No. 2 Yellow Corn                       3.4329
No. 1 Yellow Soybeans                   7.8422
No. 2 Soft Red Winter Wheat             5.1475
No. 1 Yellow Sorghum                    5.4433

Source: USDA-AR Agriculture Dept, Little Rock, AR
        Heather Riley  501-823-1743
        www.ams.usda.gov/mnreports/lr_gr110.txt
        www.ams.usda.gov/LPSMarketNewsPage

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