Tennessee Cash Grain

Tuesday, May 8, 2018

Cash Basis: 
No 2 Yellow Corn: 5 to 6 cents lower
No 1 Yellow Soybeans: 21 to 25 cents lower

Contract Basis:
No 2 Yellow Corn-Sep: 4 to 5 cents lower
No 1 Yellow Soybeans-Oct/Nov: 19 cents lower
Wheat-Soft Red Jun/Jul: 15 cents lower

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

Region & City     Corn     Corn    Beans     Beans     Wheat
                  May      Sep      May     Oct/Nov   Jun/Jul
Northwest 
 Martin           3.86     3.93     9.64     9.90      4.80
 Sharon           3.85     3.93     9.71     9.88      4.96
 Obion            ----     3.99     ----     9.93      4.98
 Mason Hall       4.01     3.89     9.87     9.88      5.07
 Henry            3.91     4.01     9.86     9.93      4.96

Upper-mid 
 Clarksville      3.85     3.96     9.93    10.05     5.01
 New Johnsonville 4.00     3.93    10.01    10.00     5.21
 
Lower-mid
 Guntersville, AL 4.23     4.28    10.11     9.93     5.26

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

Northwest Barge Pts     
 Booths Point     4.06     3.99    10.15    10.09     5.25
 Hales Point      4.08     4.00    10.11    10.10     5.25
 Hickman, KY      4.07     4.00    10.11  10.09/10  5.22/23

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