Memphis Daily Grain
LR_GR110
Little Rock, AR     Thu, Oct 12, 2017     USDA-AR Dept of Ag Market News

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.3900-3.4100   UP 18-UP 7         -10Z to -8Z    UP 15 to UP 4
Soybeans   9.7700-9.8200   UP 37.75-UP 31.75  -15X to -10X   UP 11 to UP 5
SRW Wheat  4.0550          DN 2.75            -25Z           UNCH
Sorghum    5.7900          UP 6               -25Z           UNCH

Contract Bids for New Crop Delivery
Corn       3.7100          UP 3               -15U           UNCH
Soybeans   NA              NA                 NA             NA
SRW Wheat  4.7025-4.8025   DN 3.25            -5N 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 2017

No. 2 Yellow Corn                       3.3219
No. 1 Yellow Soybeans                   9.6204
No. 2 Soft Red Winter Wheat             4.2192
No. 1 Yellow Sorghum                    5.9579

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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