Grain Prices @ Illinois Interior Country Elevators

GX_GR113
Springfield, IL    Thu Apr 5, 2012    USDA-IL Dept of Ag Market News

***THIS REPORT WILL NOT BE ISSUED ON FRIDAY APRIL 6, 2012 DUE TO THE
CHICAGO BOARD OF TRADE BEING CLOSED IN OBSERVANCE OF THE HOLIDAY***

Illinois Grain Prices in Country Elevators

This is Thursday's report of the grain prices and trends prepared by the 
USDA and the Illinois Department of Agriculture.
  
Illinois country grain prices were mixed on Thursday afternoon, with
soybeans and corn higher and wheat lower. Both corn and soybean futures
were given a boost from higher than expected weekly export sales 
figures with both above 1.0 million metric tonnes.

In Northern and Western Illinois country grain dealers quoted shelled 
corn bids 1 cent higher at 6.38-6.48. Soybean bids traded 12 to 15
cents higher at 14.04-14.20.
 
In Central Illinois country grain dealers quoted shelled corn bids 
were 2 cents higher at 6.51-6.66. Soybean bids were 14 to 15 cents 
higher at 14.11-14.23.

In the Southern part of the state, shelled corn bids were 1 cent 
higher at 6.54-6.78. Soybean bids were 15 cents higher at 14.19-14.35. 
Wheat bids were mixed at 6.17-6.39. 

Commercial grain prices paid farmers by Interior Illinois Country 
Elevators after 2.00 p.m. today are listed below in dollars per bushel:


AREA         US 2 CORN    US 1 SOYBEANS   US 2 SOFT WHEAT  
NORTHERN    6.38 - 6.45   14.04 - 14.13    -----------       
WESTERN     6.43 - 6.48   14.09 - 14.20    -----------       
N. CENTRAL  6.51 - 6.57   14.11 - 14.20    -----------       
S. CENTRAL  6.58 - 6.66   14.16 - 14.23    -----------       
WABASH      6.64 - 6.74   14.19 - 14.24    6.17 - 6.29     
W.S. WEST   6.54 - 6.62   14.22 - 14.35    6.27 - 6.37     
L. EGYPT    6.63 - 6.78   14.22 - 14.34    6.27 - 6.39     

Central Illinois average price   Corn        6.58 1/2 ( opt    K)
                                 Soybeans   14.17     (-17     K)

                 CONTRACT BIDS FOR NEW CROP 2012 DELIVERY

 AREA          CORN          SOYBEANS   ***SOFT WHEAT***    
NORTHERN    5.07 - 5.20   13.31 - 13.44   -----------       
WESTERN     5.06 - 5.15   13.33 - 13.45   -----------       
N. CENTRAL  5.10 - 5.21   13.42 - 13.52   -----------       
S. CENTRAL  5.14 - 5.28   13.41 - 13.52   -----------       
WABASH      5.20 - 5.30   13.44 - 13.52   6.17 - 6.36    
W.S. WEST   5.22 - 5.25   13.43 - 13.55   6.29 - 6.40     
L. EGYPT    5.30 - 5.31   13.37 - 13.51   6.16 - 6.31  
***June/July 2012 Delivery


Source: USDA-IL Dept of Ag Market News, Springfield, IL
        Phone:  217-782-4925   In state only toll free 888-458-4787
        www.ams.usda.gov/mnreports/GX_GR113.txt

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