Illinois Beef Association


	IBA Today
	2060 W Iles Ave, Springfield IL 62704 Phone (217) 787-4280, Fax (217) 793-3605 ____________________ Illinois Ag Funds Update, May 5, 2008 ______________________________ NCBA eUpdate, May 5, 2008 ______________ 2008 Membership Form Don't miss out, join now! __________________________ Illinois Legislative Update, May 6, 2008 __________________________ Tips For Storing And Feeding Distillers Grains __________________ Wanted: Young Producers to complete Survey ___________________ You are invited to take part in a Livestock Survey to Plan Extension Programs ____________________________ Co-Products Plants & Availability Eastern Cornbelt Ethanol Plant Daily Report ______________________ IHDP Spring Sale Canceled due to low numbers- List of Heifers available for Sale


	Beef Talk
	Bush will veto farm bill Seoul stirring up controversy with U.S. beef Details of farm bill livestock title JBS-Swift makes its case at Senate hearing South Korea to begin U.S. slaughterhouse inspections Schafer says current proposed farm bill likely still headed for veto Raymond trumpets safety of U.S. beef to wary South Koreans S. Korean officials perform damage control Congress seeks two-week farm bill extension Congress holds first hearing on soaring food prices Senate subcommittee to scrutinize JBS' pending acquisitions Report urges industrial farm reform South Korean panel to mull U.S. beef deal Farm bill basics agreed, one-week extension agreed Canada wants full access to S. Korea's beef market, too Japan says it won't ban U.S. beef following latest shipping blunder Beef supply/price ride continues, still too much meat overall Opportunity for U.S. beef knocks, enters South Korea's door Wrigley has a beef, but the Cell bites back South Korea opens borders to all U.S. beef products Export markets a boon to U.S. pork/beef industries: USMEF


	Beef Events This Week
	(Always click on the calendar for complete details about any event!) Every Tuesday, 7:30 p.m., on RFDTV, don't forget! *Cattlemen to Cattlemen* Curt Rincker, Past IBA President will be featured on C to C in the week of May 5th to 9th, 2008. Check your local listings for rerun times other than Tuesday.

Quotes

LC - LIVE CATTLE - CME
	High	Low	Last	Chg
Jun	94.850	93.075	94.525s	0.875
Aug	100.550	98.900	100.200s	0.900
Oct	107.200	105.650	107.050s	1.300
Dec	107.650	106.425	107.575s	1.050
Feb	108.800	107.400	108.625s	0.775

FC - FEEDER CATTLE - CME
	High	Low	Last	Chg
May	107.350	105.900	107.350s	0.575
Aug	110.200	108.400	109.925s	0.450
Sep	111.700	109.600	111.550s	0.650
Oct	112.475	110.650	112.475s	0.750
Nov	112.700	110.800	112.700s	0.950

C - CORN - CBOT
	High	Low	Last	Chg
May	627'0	613'0	618'4s	-0'2
Jul	637'4	623'2	629'2s	-1'0
Sep	647'0	634'2	641'0s	1'2
Dec	655'0	643'4	650'0s	3'6
Mar	665'0	656'0	661'0s	4'2

S - SOYBEANS - CBOT
	High	Low	Last	Chg
May	1344'0	1327'0	1349'4s	51'2
Jul	1365'0	1330'0	1358'0s	48'0
Aug	1353'0	1328'0	1353'2s	49'2
Sep	1326'0	1300'0	1324'6s	50'4
Nov	1304'4	1276'0	1303'6s	58'0

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Quote of the Day

"Whether you think that you can, or that you can't, you are usually right."

Henry Ford

This Day In History

May 9, 1939

Catholic church beatified the 1st Native American, Kateri Tekakwitha

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DTN Ethanol Center

Latest DTN Ethanol Center News

Tolman Defends Ethanol, Again

Even if Congress waives the RFS this year, the U.S. ethanol industry will still stay on track to produce 9 billion gallons, according to the CEO of the National Corn Growers Association.

Output at Nova’s Ill. Biodiesel Refinery Tops 1M Gallons

Green Plains Renewable Energy, Inc., VBV to Merge


	Beef, It's What's for Dinner

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	Beef Briefs
	http://www.beefboard.org/ Cattlemen's Beef Board New Feature! Check on the checkoff


	Brownfield Network

My Market Watch

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Commodities
CORN ( May 08 )		CBOT
6184	- 2	1:48P
SOYBEANS ( May 08 )		CBOT
13494	512	1:48P
WHEAT ( May 08 )		CBOT
7914	- 174	1:49P
OATS ( May 08 )		CBOT
4050	4	1:49P

Stocks
MICROSOFT CORP		NASDAQ
29.39	0.12	3:00P
WAL-MART STORES		NYSE
57.18	0.02	3:00P
EXXON MOBIL COR		NYSE
88.82	- 0.71	3:01P
TIME WARNER INC		NYSE
15.91	- 0.24	3:00P

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Local Conditions

Springfield, IL

Chg Zip Code:
Temp:	53^oF	Feels Like:	53^oF
Humid:	64%	Dew Pt:	41^oF
Barom:	29.88	Wind Dir:	N
Cond:	Clear	Wind Spd:	0 mph
Sunrise:	5:47	Sunset:	8:02
As reported at SPRINGFIELD, IL at 9:00 PM


	Local Radar
	Springfield, IL

Local Forecast

Springfield, IL

Saturday	Sunday	Monday
Hi: 68^oF Lo: 42^oF	Hi: 54^oF Lo: 48^oF	Hi: 68^oF Lo: 42^oF

View complete Local Weather

DTN Weather Summary

Saturday Brings More Rain to Midwest

Bryce Anderson (Bio)
DTN Meteorologist

The central U.S. was dry with mostly cool weather, Friday, except for Texas and the Deep South. Saturday will bring renewed rain to the western and northern Midwest, with rain and snow in the Northern Plains. » More DTN Weather Commentary

Posted at 2:49PM
Fri May 9, 2008 CDT


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