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April 7, 2006

Highlights
Futures continue to be pushed around by fund purchases. Continued rally this week sends KCBOT 27 cents/bushel over 2 weeks ago
Price strength and seasonal export low combine for extremely quiet export demand
Basis in the Gulf and Lakes essentially unchanged from last week
PNW white wheat low protein premiums up on dwindling supply at the end of the crop year, club wheat premiums unchanged
White wheat out of the PNW still the most competitive export class
Barge and truck rates up this week on higher demand and fuel costs, ocean freight steady and rail rates down
Dollar stable against the yen and Egyptian pound, weaker against euro, Canadian and Aussie dollars this week

(See attached file: PR060407.pdf)(See attached file: PR060407.xls)

File Name
PR060407.pdf
PR060407.xls
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