Tennessee Cash Grain

Cash Basis: 
No 2 Yellow Corn: 2 cents lower
No 1 Yellow Soybeans: 5 to 6 cents lower.

Contract Basis: Compared to last Friday
No 2 Yellow Corn-Sept: 2 t0 5 cents lower.
No 1 Yellow Soybeans-Oct/Nov: 2 cents higher.
Wheat Soft Red July: 1 cent lower.

Tennessee Country Grain Elevators
Bid Prices as of 2:00 p.m. Thursday
 
Region & City           Corn      Corn       Beans     Beans     Wheat
                        Dec       Sep         Dec     Oct/Nov   Jun/Jul
Northwest
 Martin                 6.90      5.67       14.49     12.51      7.40
 Sharon                 7.06      5.92       14.23     12.62      7.55
 Obion                  xxxx      6.02       xxxx      12.72      7.42
 Henry                  7.06      xxxx       xxxx      xxxx       xxxx

Upper-mid 
 Clarksville            7.11      5.71       14.58     12.72      7.75
 New Johnsonville       6.76      5.82       14.59     xxxx       7.58
 
Lower-mid
Dellrose                7.26      xxxx       14.19     12.82      7.50
Lawrenceburg            7.21      xxxx       14.19     12.77      7.45 
Decherd                 7.22      5.66       14.34     12.68      7.30   
Guntersville, AL        7.11      6.02       14.19     12.87      7.55
Decatur, AL (AFC)       7.11      6.02       14.19     12.87      7.60

Region & City           Corn      Corn       Beans     Beans      Wheat
                        Dec       Sep         Dec     Oct/Nov    Jun/Jul

Northwest Barge Pts     
Booths Point            7.01       5.72       14.71     12.99       7.67
Hales Point             7.03       5.92       14.76     13.02       7.75
Heloise                 7.01       5.72       14.71     12.99       7.67
Tiptonville             6.97       xxxx       14.72     xxxx        7.70
Hickman, KY           6.97/04      5.69     14.70/72    12.96    7.67/70

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

slb