Illinois Beef Association


	IBA Today
	2060 W Iles Ave, Springfield IL 62704 Phone (217) 787-4280, Fax (217) 793-3605 ____________________ 2008 Illinois Legislative Update, May 12, 2008 ______________________________ NCBA eUpdate, May 12, 2008 ______________ 2008 Membership Form Don't miss out, join now! __________________________ 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 issues statement on farm bill veto, calls for current law extension South Korea can't arbitrarily block U.S. beef imports Creekstone Farms defends right to test for BSE Nolan Ryan pitches new beef line USDA: Red meat production to decline, prices to rise in 2009 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


	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*

Quotes

LC - LIVE CATTLE - CME
	High	Low	Last	Chg
Jun	94.850	93.625	94.625s	0.275
Aug	100.300	99.200	100.225s	0.250
Oct	106.800	105.700	106.275s	- 0.325
Dec	107.100	106.375	106.600s	- 0.450
Feb	108.250	107.500	108.100s	- 0.250

FC - FEEDER CATTLE - CME
	High	Low	Last	Chg
May	108.850	107.900	108.450s	- 0.300
Aug	113.000	111.925	112.750s	0.100
Sep	114.500	113.500	114.100s	- 0.350
Oct	115.250	114.200	115.100s	- 0.200
Nov	115.250	114.475	115.250s	- 0.150

C - CORN - CBOT
	High	Low	Last	Chg
May	593'0	587'0	589'6s	-7'6
Jul	602'4	595'2	596'2s	-11'0
Sep	614'0	608'0	608'2s	-11'2
Dec	627'0	619'4	620'4s	-10'4
Mar	638'4	632'4	632'6s	-9'6

S - SOYBEANS - CBOT
	High	Low	Last	Chg
May			1371'0s	-3'4
Jul	1387'0	1368'0	1379'4s	0'0
Aug	1383'0	1375'0	1376'4s	2'0
Sep	1355'0	1345'0	1349'0s	4'2
Nov	1340'0	1318'0	1333'0s	7'2

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Quote of the Day

"Managing is like holding a dove in your hand. Squeeze to hard and you kill it; not hard enough and it flies away."

Tommy Lasorda, Former LA Dodger's Manager

This Day In History

May 14, 1951

"Flahooley" opens at Broadhurst Theater NYC for 40 performances

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DTN Ethanol Center

Latest DTN Ethanol Center News

MN Governor Hikes Biodiesel Mandate to 20% by 2015

Minnesota Governor Tim Pawlenty on Tuesday signed legislation increasing the state’s 2 percent biodiesel mandate to 20 percent by 2015, according to information on the governor’s website.

Kreido Granted Permits for NC Biodiesel Plant

VeraSun Revenues Soar to $516.5M on Higher Output, Prices


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	Brownfield Network

My Market Watch

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Commodities
CORN ( May 08 )		CBOT
5896	- 76	12:18P
SOYBEANS ( May 08 )		CBOT
13710	- 34	12:18P
WHEAT ( May 08 )		CBOT
7610	- 244	12:18P
OATS ( May 08 )		CBOT
4050	0	12:18P

Stocks
MICROSOFT CORP		NASDAQ
29.93	0.15	3:00P
WAL-MART STORES		NYSE
57.45	1.04	3:01P
EXXON MOBIL COR		NYSE
89.91	0.23	3:00P
TIME WARNER INC		NYSE
16.27	0.16	3:00P

- Mouse over for last update

Local Conditions

Springfield, IL

Chg Zip Code:
Temp:	68^oF	Feels Like:	68^oF
Humid:	47%	Dew Pt:	47^oF
Barom:	29.93	Wind Dir:	NNW
Cond:	Sunny	Wind Spd:	8 mph
Sunrise:	5:43	Sunset:	8:06
As reported at SPRINGFIELD, IL at 5:00 PM


	Local Radar
	Springfield, IL

Local Forecast

Springfield, IL

Wednesday	Thursday	Friday
Hi: 68^oF Lo: 54^oF	Hi: 59^oF Lo: 51^oF	Hi: 70^oF Lo: 42^oF

View complete Local Weather

DTN Weather Summary

Rains Thursday in Delta, Parts of Midwest

Bryce Anderson (Bio)
DTN Meteorologist

The Delta region is expected to see additional moderate to heavy thunderstorms Wednesday night and Thursday. The Midwest will be dry early Thursday but a new round of showers or rain should develop through southern, southeast and far east areas during the morning and continue into the afternoon. » More DTN Weather Commentary

Posted at 1:05PM
Wed May 14, 2008 CDT


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