Memphis Daily Grain
LR_GR110
Little Rock, AR     Wed, Jun 13, 2018     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.8500-3.9100   DN 1.5             9N to 15N      UNCH
Soybeans   9.4200-9.4800   DN 18              6N to 12N      UNCH
SRW Wheat  5.3350-5.4150   DN 18              17N to 25N     UNCH
Sorghum    5.8400          DN 2               -70Z           UNCH

Contract Bids for New Crop Delivery
Corn       3.8850-3.9050   DN 1.25            3U to 5U       UNCH
Soybeans   9.5775-9.5875   DN 11.75-DN 15.75  -1X to OptX    UP 4 to UNCH
SRW Wheat  NA              NA                 NA             NA
Sorghum    6.0200-6.2000   DN 2               -60Z to -50Z   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: May 2018

No. 2 Yellow Corn                       4.1830
No. 1 Yellow Soybeans                  10.3294
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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