Memphis Elevator Crop Report

Updated: May 21, 2015
Bid prices to farmers, FOB Memphis elevators by truck

                 Bids      Change             Basis          Change
Corn       3.8000          DN 2-DN 3          20N            UNCH to DN 1
Soybeans   9.6625-9.7625   DN 5               25N to 35N     UNCH
SRW Wheat  4.7300          UP 2.75            -40N           UNCH
Sorghum    6.9600-7.5000   DN 4               30N to 60N     UNCH

Contract Bids for New Crop Delivery
Corn       3.5175-3.6675   DN 17.5            -15U to OptU   DN 15
Soybeans   9.2775-9.2975   DN 1.75-DN 3.75    8X to 10X      UP 2 to UNCH
SRW Wheat  5.2300          UP 6.75-UP 2.75    10N            UP 4 to UNCH
Sorghum    7.8100          DN 5               60Z            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
Monthly Prices for: April 2015

No. 2 Yellow Corn                       3.9785
No. 1 Yellow Soybeans                   9.9473
No. 2 Soft Red Winter Wheat             4.6176
No. 1 Yellow Sorghum                    7.9836

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