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Nashville, TN - Thursday, May 8, 2008 USDA-TN Dept Ag Market News
Tennessee Cash Grain
Trends compared to previous reporting day
Cash Basis:
No 2 Yellow Corn: mostly 17 cents higher.
No 1 Yellow Soybeans: mostly 1 cent higher.
Contract Basis:
Corn/Sep: mostly 16 to 17 cents higher.
Soybeans/Nov: steady.
Wheat-Soft Red winter/July: mostly 14 to 15 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 5.79 5.56 12.59 11.36 6.22
Sharon 5.95 5.49 12.15 11.25 6.47
Henry 5.84 5.96 ----- ----- ----
Upper-mid
Clarksville 6.05 6.01 12.50 11.60 6.52
New Johnsonville 5.78 ---- 12.31 ----- 6.70
Lower-mid
Dellrose/Lawrenceburg 6.09 6.06 12.48 11.61 5.42
Dechard/Manchester 6.06 6.07 12.42 11.36 5.22
Guntersville, AL 6.09 6.25 ----- 11.66 5.42
Decatur, AL (AFC) 6.09 6.25 12.48 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 5.94 5.85 12.66 11.72 6.66
Hales Point 5.96 5.84 12.60 11.71 6.66
Tiptonville 5.95 5.83 12.60 11.70 6.65
Heloise 5.94 5.85 12.66 11.72 6.66
Hickman, KY 5.92/94 5.82/83 12.60/64 11.70/71 6.65
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
315c lwl mfw
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