Memphis Daily Grain
LR_GR110
Little Rock, AR     Fri, Jan 11, 2019     USDA-AR Ag Dept

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.7125-3.8325   DN 5-UP 2          -7H to 5H      DN 7 to UNCH
Soybeans   8.8525-8.8825   UP 0.5-UP 1.5      -25H to -22H   DN 3 to DN 2
SRW Wheat  5.1950          UP 5.75            OptH           UNCH
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.9525-4.0125   UP 2.25            -2U to 4U      UNCH
Soybeans   9.2700-9.3200   UP 4               -25X to -20X   UNCH
SRW Wheat  5.4450-5.4650   UP 5.25            15N to 17N     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: December 2018

No. 2 Yellow Corn                       3.8455
No. 1 Yellow Soybeans                   8.7963
No. 2 Soft Red Winter Wheat                 NA
No. 1 Yellow Sorghum                    5.7388

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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