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May 26, 2006

Futures prices remain high this week
HRS with low DON content becoming harder to get, 1 ppm DON premium range up 10 cents/bushel
Durum price range up based on nomimal offers, export sales reportedly very slack
Barge freight continues upward, ocean freight rates slight tick up
Absolute collapse in SRW basis this week, trade offers ranged from 5/cents to 15/cents on the nearbys

(See attached file: PR060526pub.pdf)(See attached file: PR060526pub.xls)

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