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Nashville, TN - Friday, May 9, 2008 USDA-TN Dept Ag Market News
Tennessee Cash Grain
Trends compared to previous reporting day
Cash Basis:
No 2 Yellow Corn: mostly steady to 1 cent lower.
No 1 Yellow Soybeans: mostly 48 cents higher.
Contract Basis:
Corn/Sep: mostly 1 to 4 cents higher.
Soybeans/Nov: mostly 58 cents higher.
Wheat-Soft Red winter/July: mostly 17 to 18 cents lower.
Tennessee Country Grain Elevators
Bid Prices as of 2:00 p.m. Friday
Region & City Corn Corn Beans Beans Wheat
May Sep May Nov Jun/Jly
Northwest
Martin 5.79 5.57 13.09 11.36 6.22
Sharon 5.99 5.81 12.68 11.25 6.47
Henry 5.83 6.00 ----- ----- ----
Upper-mid
Clarksville 6.04 6.05 12.99 11.60 6.52
New Johnsonville 5.65 ---- 12.24 ----- 6.70
Lower-mid
Dellrose/Lawrenceburg 6.09 6.10 13.00 11.61 5.42
Dechard/Manchester 6.05 6.06 12.40 11.36 5.22
Guntersville, AL 6.09 6.26 ----- 11.66 5.42
Decatur, AL (AFC) 6.09 6.26 13.00 11.71 5.47
East
Chattanooga/Cargill ---- ---- ---- ----- 6.22
Region & City Corn Corn Beans Beans Wheat
May Sep May Nov Jun/Jly
Northwest Barge Pts
Booths Point 5.93 5.82 13.14 12.30 6.48
Hales Point 5.96 5.86 13.08 12.30 6.49
Tiptonville 5.94 5.85 13.08 12.28 6.48
Heloise 5.93 5.82 13.14 12.30 6.48
Hickman, KY 5.91/93 5.79/84 13.08/12 12.28/29 6.47
Source: USDA-Tennessee Dept of Ag Market News, Nashville, TN
Lewis Langell, OIC Phone 615-837-5164
www.ams.usda.gov/mnreports/nv_gr110.txt
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