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January 6, 2006
Highlights
HRS bases $0.10/bushel weaker than than last week
- Vomitoxin price spread increases to $0.50/bushel premium for 1 ppm and $0.20/bushel discount for 3ppm
Gulf - PNW HRS basis spread narrows
Barge freight declines for 2nd straight week
SRW basis stays strong
- Commercials are not selling
-- Want to capture the carry
-- Moving soybeans and corn instead
- Export interest concentrated in Latin America
Futures down from last week
The dollar decline against the euro and yen continues
- The dollar is now only 10-12% stronger than a year ago

Microsoft Excel Spreadsheet
Abobe Acrobat - pdf
(See attached file: PR060106pub.xls)
(See attached file: PR060106pub.pdf)

File Name
PR060106pub.xls
PR060106pub.pdf
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