Tennessee Cash Grain

Tuesday, May 15, 2018

Cash Basis: 
No 2 Yellow Corn: steady
No 1 Yellow Soybeans: 14 to 18 cents higher

Contract Basis:
No 2 Yellow Corn-Sep: steady to 1 cent lower
No 1 Yellow Soybeans-Oct/Nov: 9 cents higher
Wheat-Soft Red Jun/Jul: 7 to 8 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           3.82     3.90     9.73     9.93      4.76
 Sharon           3.81     3.89     9.77     9.93      4.76
 Obion            ----     3.95     ----     9.98      4.77
 Mason Hall       3.97     3.85     9.93     9.93      4.86
 Henry            3.91     3.99    10.01     9.98      4.75

Upper-mid 
 Clarksville      3.86     3.94    10.00    10.08     4.80
 New Johnsonville 3.96     3.89    10.07    10.05     5.01
 
Lower-mid
 Guntersville, AL 4.26     4.24    10.17     9.98     5.06

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

Northwest Barge Pts     
 Booths Point     4.07     3.98    10.26    10.13     5.05
 Hales Point      4.11     4.00    10.25    10.14     5.03
 Hickman, KY      4.07     3.96    10.22  10.13/14  5.01/02

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

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