Tennessee Cash Grain

Thursday, May 10, 2018

Cash Basis: 
No 2 Yellow Corn: 1 cent lower
No 1 Yellow Soybeans: 4 to 5 cents lower

Contract Basis:
No 2 Yellow Corn-Sep: steady
No 1 Yellow Soybeans-Oct/Nov: 1 cent lower
Wheat-Soft Red Jun/Jul: 4 cents lower

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

Region & City     Corn     Corn    Beans     Beans     Wheat
                  May      Sep      May     Oct/Nov   Jun/Jul
Northwest 
 Martin           3.87     3.96     9.67     9.95      4.96
 Sharon           3.87     3.96     9.75     9.94      4.95
 Obion            ----     4.01     ----     9.99      4.97
 Mason Hall       4.03     3.91     9.91     9.94      5.06
 Henry            not available

Upper-mid 
 Clarksville      3.87     3.99     9.96    10.10     5.00
 New Johnsonville 4.02     3.96    10.05    10.06     5.20
 
Lower-mid
 Guntersville, AL 4.24     4.31    10.15     9.99     5.25

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

Northwest Barge Pts     
 Booths Point     4.17     4.03    10.25    10.15     5.24
 Hales Point      4.12     4.03    10.23    10.17     5.24
 Hickman, KY      4.05     4.03    10.20    10.15   5.21/22

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