NATIONAL AVERAGE PRICES FOR FARMER-OWNED RESERVE
The U.S. Agriculture Department
reported the farmer-owned reserve national five-day average
price through April 6 as follows (Dlrs/Bu-Sorghum Cwt) -
         Natl   Loan           Release   Call
         Avge   Rate-X  Level    Price  Price
 Wheat   2.64   2.40       IV     4.65     --
                            V     4.65     --
                           VI     4.45     --
 Corn    1.40   1.92       IV     3.15   3.15
                            V     3.25     --
 X - 1986 Rates.
          Natl   Loan          Release   Call
          Avge   Rate-X  Level   Price  Price
 Oats     1.57   0.99        V    1.65    -- 
 Barley   1.49   1.56       IV    2.55   2.55
                             V    2.65    -- 
 Sorghum  n.a.   3.25-Y     IV    5.36   5.36
                             V    5.54    -- 
 Reserves I, II and III have matured. Level IV reflects grain
entered after Oct 6, 1981, for feedgrain and after July 23,
1981, for wheat. Level V wheat/barley after 5/14/82,
corn/sorghum after 7/1/82. Level VI covers wheat entered after
January 19, 1984.  X-1986 rates. Y-dlrs per CWT (100 lbs).
n.a.-not available.
 Reuter
