Ohio Closing Cash Grain Bids

SPRINGFIELD - May 15/08 - SNS -- Ohio country elevator cash prices and trends for corn, soybeans and wheat, according to the latest USDA update.

Ohio Cash Grain Prices at Country Elevators

Ohio cash grain bids were mixed on Thursday afternoon. A sharp drop
in crude oil prices sent soybeans and soybean product futures lower.
Cash soybean bids dropped 26 to 34 cents to close at 13.19-13.37.
Corn bids were mostly 3 cents higher at 5.64-5.76.

                    Ohio Cash Grain Prices
               US 2 CORN    US 1 SOYBEANS    US 2 WHEAT
North          5.65-5.75     13.26-13.37     6.67-6.73
Central        5.64-5.76     13.19-13.28     ---------
South          5.67-5.76     13.21-13.26     ---------

                    Ohio Terminal Grain Markets
                 Toledo   Change         Cincinnati  Change
No.2 WHEAT     6.84-7.02  up 8           ------------------
No.2 CORN      5.69-5.75  up 3           5.58-5.64   up 2-dn 1
No.1 SOYBEANS 13.23-13.28 dn 32         13.01-13.09  dn 32-26

               Ohio Contract Grain Prices for New Crop Delivery
AREA           US 2 CORN   US 1 SOYBEANS  **US 2 WHEAT**
North          5.69-5.82     12.09-12.14    6.10-6.15
Central        5.67-5.77     12.14-12.19    6.06-6.17
South          5.67-5.82     12.09-12.19    6.06-6.17
**July 2008 Delivery**

Source: USDA-IL Dept of Ag Market News Springfield, IL 217-782-4925

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STAT News Service