US_GR110 Austin, Texas Thursday May 15,2008 USDA-TX. Dept of Ag Market News Texas High Plains cash grain markets: Closed mostly 5 cents to 6 cents higher on grain sorghum, 10 cents to 11 cents higher on wheat, mostly 31 cents to 32 cents lower on soybeans, and mostly 3 cents higher on corn. Prices paid or bid to the producer F.O.B. elevator as of 4:00 p.m. Grain sorghum quoted per hundredweight: wheat, corn and soybeans per bushel. Area North of the Canadian River: Grain Sorghum 9.59 - 9.71 Wheat 7.37 - 7.52 Soybeans 11.71 - 11.83 Corn 5.89 - 6.01 Triangle Area from Plainview to Canyon to Farwell: Grain Sorghum 9.80 - 9.89 Wheat 7.32 - 7.44 Soybeans 11.83 - 11.83 Corn 5.89 - 6.09 Area South of a line from Plainview to Muleshoe: Grain Sorghum 9.62 - 9.86 Wheat 7.32 - 7.43 Soybeans 10.48 - 10.48 Corn 5.82 - 5.95 Elevators in the Texas South Plains were reporting offers and bids for: No. 2 Grain Sorghum 10.70 - 10.79 per cwt No. 2 Yellow Corn 11.61 - 11.70 per cwt Texas Gulf Export Bids: Closed 10 1/2 cents higher on wheat and 4 cents to 5 cents higher on grain sorghum. No. 1 HRW Wheat 8.81 1/2 - 8.81 1/2 per bu. No. 2 Grain Sorghum 10.70 - 10.96 per cwt No. 2 Yellow Corn Bids Insufficient to Quote No. 1 Soybeans Bids insufficient to Quote -------------------------------------------------------------------------------- - Previous Month's Average April 2008 Triangle Area: Grain Sorghum 9.7536 Wheat 8.5807 Soybeans 11.5918 Corn 5.9623 Plainview to Muleshoe: Grain Sorghum 9.7766 Gulf Export Bids: No.1 HRW Wheat 9.8885 No.2 Grain Sorghum 10.8991 Source: Texas Dept of Ag-USDA Market News, Austin, TX John Stacy 512-463-7623