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March 10, 2006

Futures mostly higher from last week, May HRW up $0.10/bushel today
Bases much lower as export demand and bids fall, SRW basis down $0.10/bushel
White wheat out of the PNW fell from last week, remains the most competitive class at over $0.50/bushel discount to SRW
Barge and ocean freights staying steady
Dollar broadly stronger

(See attached file: PR060310.pdf)(See attached file: PR060310.xls)

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