Virginia Grain Market Summary

RICHMOND - May 15/08 - SNS -- Daily cash grain market summary for wheat, corn, barley and soybeans at delivery points around Norfolk, Petersburg, and Richmond.

Virginia Grain - Richmond, Norfolk, Petersburg

Prices dollars per bushel unless otherwise stated.

Closing prices for Thu May 15, 2008
 		
Richmond area
   Wheat 8 higher, new crop 8 higher.  Corn 3 higher, new
   crop 2 higher.  Soybeans 27 lower, new crop 14 lower.
   Barley new crop 1 higher.
   No 2 red winter wheat   6.42          new crop  5.97
   No 2 yellow corn        5.99          new crop  6.08
   No 1 soybeans          13.28          new crop 12.84
   No 2 barley             ---           new crop  4.04

Norfolk Terminal area
   Wheat 8 higher, new crop 8 higher.  Soybeans 27 lower,
   new crop 14 lower.
   No 2 red winter wheat   6.72          new crop  6.72
   No 2 yellow corn        ---
   No 1 soybeans          13.53          new crop 13.09
   No 2 barley            ---

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Opening prices for Fri May 16, 2008

Norfolk Producer area
   Wheat new crop 8 higher.  Corn 3 higher, new crop 2 higher.
   Soybeans 27-32 lower, new crop 14 lower.
   No 2 red winter wheat   ---           new crop  6.22
   No 2 yellow corn        5.54          new crop  5.78
   No 1 soybeans          13.03-13.13    new crop 12.69-12.74

Petersburg area
   Wheat 8 higher, new crop 6 higher.  Corn 3 higher, new crop
   steady.  Soybeans 32 lower, new crop 14 lower.  Barley steady.
   No 2 red winter wheat   5.96          new crop  6.49
   No 2 yellow corn        6.19          new crop  5.96
   No 1 soybeans          13.08          new crop 12.44
   No 2 barley             3.75
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Prices from elevators within 30 mile radius.

Source:  Virginia Department of Agriculture and Consumer Services

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