Tennessee Cash Grain

Wednesday, May 2, 2018

Cash Basis: 
No 2 Yellow Corn: 2 to 5 cents higher
No 1 Yellow Soybeans: 4 to 5 cents higher mostly

Contract Basis:
No 2 Yellow Corn-Sep: 5 to 7 cents higher
No 1 Yellow Soybeans-Oct/Nov: 4 to 6 cents higher
Wheat-Soft Red Jun/Jul: 18 to 19 cents higher

Tennessee Country Grain Elevators
Bid Prices as of 2:00 p.m. Tuesday

Region & City     Corn     Corn    Beans     Beans     Wheat
                  May      Sep      May     Oct/Nov   Jun/Jul
Northwest 
 Martin           3.86     3.97    10.02    10.18      5.14
 Sharon           3.95     3.96    10.13    10.20      5.14
 Obion            ----     4.03    -----    10.26      5.15
 Mason Hall       4.06     3.93    10.26    10.21      5.24
 Henry            3.95     4.05    10.27    10.25      5.14

Upper-mid 
 Clarksville      3.90     3.99    10.31    10.33      5.18
 New Johnsonville not available
 
Lower-mid
 Guntersville, AL 4.26     4.32    10.53    10.25      5.44

Region & City     Corn     Corn    Beans    Beans     Wheat
                  May      Sep      May    Oct/Nov   Jun/Jul

Northwest Barge Pts     
 Booths Point     4.09     4.02    10.52    10.40     5.41
 Hales Point      4.07     4.03    10.53    10.41     5.41
 Hickman, KY      ----   4.02/03   -----  10.39/40    5.39

Source: Tennessee Dept of Ag-USDA Market News, Nashville, TN
        Jodee Inman, OIC (502)782-4139
        www.ams.usda.gov/mnreports/nv_gr110.txt

slb