Inflation

Cash Prices Food Commodities  (Prices for actual physical commodiities, not futures)   5/11/11 Year Ago Change Grains and feeds       Barley, top-quality Mnpls; $ per 6.2 3.15 + 96.8% Bran, wheat middlings, Kn. City; $ per ton 178 43 +339.5% Corn, No. 2 yellow. Cent. Ill. 6.605 3.48 +86.9% Corn gluten feed, Midwest, ton 150.42 51.59 +191.5% Cottonseed meal, ton 268 175 +53.1% Hominy feed, Cent. Ill. Ton 205 77 +166.2% Meat-bonemeal, 50% pro Mnpls ton 440 280 +57.1% Oats, No. 2 milling, Mnpls; $ per 3.42 1.955 +71.1% Sorghum, (Milo) No. 2 Gulf cwt 11.275 6.76 +65.0% Soybean Meal, Cent. Ill., rail, ton 48% 335.6 291.9 +15.8% Soybeans, No. 1 yellow Illinois 13.14 9.37 +40.0% Wheat, Spring 14%-pro Mnpls; $ 9 4.4225 +93.6% Wheat, No. 2 soft red, St.Louis, shel 7.72 4.81 +81.4% Wheat, hard, KC 7.575 4.025 +99.1% Wheat, No. 1 soft white, del Portland, Ore 12.1025 6.2825 +59.5%         Foods       Beef choice 1-3,600-900 lbs. 166.68 154.05 +8.0% Beef select 1-3,600-900 lbs. 160.27 150.17 +6.7% Broilers, dressed 'A'; per lb. 0.865 0.865 0.0% Broilers, 12-city comp weighted avg 0.8458 0.8527 -0.9% Butter, AA Chicago, lb. 2.05 1.605 +28.1% Cheddar cheese, barrels, Chicago lb. 165.25 140.75 +18.2% Milk, Nonfat dry, Chicago 164 130 +26.1% Cocoa, Ivory Coast, $ per metric ton 3637 3566 -2.0% Coffee, Brazilian, Comp. 2.7637 1.2962 +115.7% Coffee, Colombian, NY lb. 3.0974 2.0139 +53.4% Eggs, large white, Chicago dozen 0.885 0.595 +48.7% Flour, hard winter Kansas City cwt 22.55 13.7 +61.6% Hogs, Iowa-South Minnesota avg. cwt 88.04 82.49 +5.9% Pork loins, 13-19 lbs, Mid-US lb 1.415 1.54 -8.0% Steers, feeder, Oklahoma City, avg cwt 142.13 128.19 +10.9% Sugar, cane, raw, world, lb. fob 26.31 19.54 +37.6% Data Source: Wall Steet Jounal Market Data Center