Illinois River Barge Terminals Bids

SPRINGFIELD - May 15/08 - SNS -- Producer bids and basis levels for corn, soybean and wheat delivered to barge basis points in the Illinois.

Illinois River Barge Terminals Producer Bids/Basis

            Bids ($/bu)   Change (¢/bu)        Basis            Change

          Cash Price     South of Peoria
Corn      5.5400-5.5800  UP 1.25-DN 0.25    -45N to -41N      DN 1.5 to DN 3
Soybeans  12.9500-12.9900DN 26.5-DN 28.5    -52.5N to -48.5N  UP 5.5 to UP 3.5
Wheat     0.0000         UNCH               #N/A              #N/A
Contract Bids for New Crop Delivery
Corn      5.6700-5.7200  UP 0.5-UP 2.5      -55.5Z to -50.5Z  DN 1.5 to UP 0.5
Soybeans  12.3725-12.4025DN 8.75-DN 11.75   -82X to -79X      UP 5 to UP 2
* Wheat   6.0350-6.0950  UP 7.5-UP 5.5      -168N to -162N    UNCH to DN 2

          Cash Price     North of Peoria
Corn      5.5000-5.5550  DN 4.25-DN 0.75    -49N to -43.5N    DN 7 to DN 3.5
Soybeans  12.9150-12.9550DN 27.5-DN 27      -56N to -52N      UP 4.5 to UP 5
Wheat     0.0000         UNCH               #N/A              #N/A
Contract Bids for New Crop Delivery
Corn      5.6600-5.6800  UP 2               -56.5Z to -54.5Z  UNCH
Soybeans  12.2025-12.2425DN 15.75-DN 14.75  -99X to -95X      DN 2 to DN 1
* Wheat   5.8900-5.9150  UP 7.5-UP 8        -182.5N to -180N  UNCH to UP 0.5

* Wheat bids for June/July delivery

Chicago Board of Trade month symbols: F January, H March, K May, N July,
Q August, U September, V October, X November, Z December

Source: USDA-Illinois Dept of Ag Market News Springfield, IL

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