Toledo, OH Grain Report

GX_GR111
Springfield, IL     Thu, May 31, 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  6.4775-6.4875        DN 10             4N to 5N            UNCH
Corn       5.8325-5.9025       DN 4.25           28N to 35N           UNCH
Soybeans  13.2000-13.2800 DN 33.25-DN 31.25     -20N to -12N        UNCH-UP 2

                            ON THE RIVER
SRW Wheat  6.4775-6.4875        DN 10             4N to 5N            UNCH
Corn       5.8925-5.9025       DN 4.25           34N to 35N           UNCH
Soybeans  13.2600-13.3000     DN 33.25          -14N to -10N          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

1613C     gw

1. Former Eastern Livestock CEO, CFO sentenced for federal crimes
2. Tyson sends disaster-assistance truck to Oklahoma
3. More beef cows in worst drought regions than a year ago
4. Forage Focus: Pay attention to hay moisture
5. Oil falls as Fed minutes send U.S. equities down
6. Smooth transitions

1. Post-tornado composting a solution for disposal of dead livestock
2. Michigan hay buyers should plan purchases early
3. Seven jobs more dangerous than farming
4. New animal identification rules aid disease traceability
5. Drought losses in Oklahoma top $400 million for 2012
6. Survey reveals most Americans in favor of COOL

1. Commentary: In praise of animal foods
2. Meat and climate change: How significant is the impact?
3. Survey reveals most Americans in favor of COOL
4. Commentary: GMOs: How do I hate thee?
5. Seven jobs more dangerous than farming
6. Boxed beef hits record highs, cattle weak to lower