Toledo, OH Grain Report

GX_GR111
Springfield, IL     Wed, May 02, 2012     USDA-IL Dept of Ag Market News

Toledo Grain Report

Spot bids for Grain Delivered to Toledo. The following quotations represent
bids ($/ bu) from terminal elevators as of 3:00 p.m. eastern.


Grain          Bids         Change (¢/bu)           Basis            Change
                          NOT ON THE RIVER
SRW Wheat  6.1150-6.1450  DN 29.25-DN 27.25      -3N to OptN         NO COMP  
Corn       6.2650-6.3250   DN 17.5-DN 16.5       15N to 21N         UNCH-UP 1
Soybeans  14.6000-14.6400  DN 17.5-DN 14.5      -25N to -21N        UP 1-UP 4

                            ON THE RIVER
SRW Wheat  6.1150-6.1450  DN 29.25-DN 27.25      -3N to OptN         NO COMP  
Corn       6.2850-6.3250   DN 17.5-DN 16.5       17N to 21N         UNCH-UP 1
Soybeans  14.6400-14.6500  DN 14.5-DN 18.5      -21N to -20N        UP 4-UNCH

SRW Wheat = US 2; Soybeans = US 1 Yellow; Corn = US 2 Yellow

Chicago Board of Trade month symbols: F January, H March, K May, N July,
Q August, U September, V October, X November, Z December
--------------------------------------------------------------------------------
Monthly Prices for: April 2012

SRW Wheat                             6.3800
Corn                                  6.4100
Soybeans                             14.2100

Source: USDA-IL Dept of Ag Market News Service, Springfield, IL
        Georgia Williams  217-782-4925  SpringField.LGMN@ams.usda.gov
        In state only toll free 888-458-4787
        www.ams.usda.gov/mnreports/gx_gr111.txt
        www.ams.usda.gov/LSMarketNews

1402C     gw

1. Ag markets posted mixed showing on Tuesday
2. Plains storms cause minor harm to Oklahoma/Kansas wheat
3. Chocolate milk a top post-workout food
4. Another reason for adults to drink milk
5. Penn State Dairy Team schedules “Tools for Teams” webinars
6. Ag markets generally mixed again Tuesday morning

1. 4 rules for growing a business or industry
2. Seven jobs more dangerous than farming
3. D.C. Watch: Farm bill progressing
4. Chocolate milk a top post-workout food
5. April milk production up 0.3 percent
6. Class III futures close out quietly last week

1. Commentary: Slanting the statistics
2. World food supply depends on character, virtuous leadership
3. Buffet concerned about soil and starvation
4. Cold spring stunts upper Midwest hay crop
5. N.M. rancher charged with 43 counts of animal cruelty
6. 2014 Farm Bill: Are we near an agreement?