Memphis Daily Grain
LR_GR110
Little Rock, AR     Thu, Jul 11, 2019     USDA-AR Ag Dept

Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       4.5025-4.5625   UP 9.25-UP 11.25   6U to 12U      UNCH to UP 2
Soybeans   9.0500-9.1400   UP 4.5-UP 7.5      6Q to 15Q      UNCH to UP 3
SRW Wheat  5.2150-5.3650   UP 16.75-UP 21.75  OptU to 15U    UNCH to UP 5
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       4.5425-4.5625   UP 11.25-UP 13.25  10U to 12U     UP 2 to UP 4
Soybeans   9.1325-9.1525   UP 3.5-UP 0.5      -4X to -2X     DN 1 to DN 4
SRW Wheat  NA              NA                 NA             NA
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: June 2019

No. 2 Yellow Corn                       4.4830
No. 1 Yellow Soybeans                   9.0070
No. 2 Soft Red Winter Wheat             5.6304
No. 1 Yellow Sorghum                        NA

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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