Memphis Daily Grain
LR_GR110
Little Rock, AR     Mon, Jun 19, 2017     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.7525          DN 8.75            OptN           UNCH
Soybeans   9.4275-9.4475   UP 0.75            5N to 7N       UP 2
SRW Wheat  4.9200-4.9700   UP 1.75            25N to 30N     UNCH
Sorghum    6.1700          DN 15              -30N           UNCH

Contract Bids for New Crop Delivery
Corn       3.7325-3.7525   DN 8.75            -10U to -8U    UNCH
Soybeans   9.5350-9.5450   DN 4.5-DN 3.5      5X to 6X       DN 3 to DN 2
SRW Wheat  NA              NA                 NA             NA
Sorghum    6.5800          DN 15              -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
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Monthly Prices for: May 2017

No. 2 Yellow Corn                       3.7509
No. 1 Yellow Soybeans                   9.6361
No. 2 Soft Red Winter Wheat             4.5176
No. 1 Yellow Sorghum                    5.9870

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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