Tennessee Cash Grain

Wednesday, May 16, 2018

Cash Basis: 
No 2 Yellow Corn: 6 cents higher
No 1 Yellow Soybeans: steady to 1 cent higher

Contract Basis:
No 2 Yellow Corn-Sep: 6 cents higher
No 1 Yellow Soybeans-Oct/Nov: steady to 1 cent higher
Wheat-Soft Red Jun/Jul: 2 to 3 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           3.87     3.95     9.73     9.93      4.79
 Sharon           3.87     3.95     9.78     9.94      4.78
 Obion            ----     4.01     ----    10.00      4.80
 Mason Hall       4.02     3.91     9.94     9.95      4.89
 Henry            3.97     4.05     9.98     9.99      4.78

Upper-mid 
 Clarksville      3.92     3.99     9.96    10.07     4.84
 New Johnsonville 4.02     3.95    10.08    10.06     5.03
 
Lower-mid
 Guntersville, AL 4.32     4.30    10.18     9.97     5.08

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

Northwest Barge Pts     
 Booths Point     4.16     4.05    10.30    10.14     5.10
 Hales Point      4.17     4.06    10.26    10.15     5.06
 Hickman, KY      4.13   4.02/03   10.23  10.14/15  5.04/05

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