Tennessee Country Grain Elevator Bid Summary

NASHVILLE - May 15/08 - SNS -- The latest daily summary of corn, wheat and soybean bids at country elevator poits across the state of Tennessee was released today by the USDA.

Tennessee Cash Grain


Trends compared to previous reporting day
Cash Basis:
No 2 Yellow Corn: mostly 3 cents higher.
No 1 Yellow Soybeans: mixed.

Contract Basis:
Corn/Sep: mostly 2 cents higher.
Soybeans/Nov: mostly 14 cents lower.
Wheat-Soft Red winter/July: mostly 7 to 8 cents higher.


Tennessee Country Grain Elevators
Bid Prices as of 2:00 p.m. Thursday

Region & City           Corn    Corn    Beans    Beans   Wheat
                        May     Sep     May      Nov     Jun/Jly
Northwest
 Martin                 5.53    5.28    13.08    12.25    5.71
 Sharon                 5.69    5.51    12.84    11.99    5.96
 Henry                  5.64    5.72    -----    -----    ----

Upper-mid
 Clarksville            5.74    5.77    12.87    12.34    6.01
 New Johnsonville       5.44    5.55    12.61    12.54    5.82

Lower-mid
Dellrose/Lawrenceburg   5.79    6.06    13.18    12.43    4.92
Dechard/Manchester      ----    ----    -----    -----    ----
Guntersville, AL        5.84    5.91    12.88    12.48    5.17
Decatur, AL (AFC)       5.84    5.91    12.88    12.53    5.22

East
Chattanooga/Cargill     ----    ----    ----    -----     5.72

Region & City           Corn    Corn    Beans    Beans   Wheat
                        May     Sep     May      Nov     Jun/Jly
Northwest Barge Pts
Booths Point            5.62    5.52    13.06    12.45    6.10
Hales Point             5.60    5.56    12.93    12.45    6.06
Tiptonville             5.60    5.55    12.93    12.44    6.06
Heloise                 5.62    5.52    13.06    12.45    6.10
Hickman, KY             5.60    5.54    12.92    12.44    6.05

Source:  USDA-Tennessee Dept of Ag Market News, Nashville, TN

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