Grain Prices @ Illinois Interior Country Elevators

GX_GR113
Springfield, IL    Mon Apr 30, 2012    USDA-IL Dept of Ag Market News

Illinois Grain Prices in Country Elevators

This is Monday's report of the grain prices and trends prepared by the USDA 
and the Illinois Department of Agriculture.
  
Illinois country grain prices were higher on Monday afternoon. Another
export sale to China and stronger soybean meal prices helped to lift soybean
futures. Monday morning the USDA announced the sale of 220,000 metric tonnes
of US soybeans to China. In the USDA's Crop Progress Report, Illinois 
farmers have now planted 79% of the states corn crop and 13% of the soybean
acres.

In Northern and Western Illinois country grain dealers quoted shelled corn 
bids mixed at 6.39-6.62. Soybean bids traded 3 to 5 cents higher at 
14.70-14.93.
 
In Central Illinois country grain dealers quoted shelled corn bids were 
9 to 10 cents higher at 6.46-6.59. Soybean bids were 8 to 12 cents higher 
at 14.83-14.97.

In the Southern part of the state, shelled corn bids were mostly 5 to 8 
cents higher at 6.57-6.70. Soybean bids were 5 to 10 cents higher at 
14.90-15.07. Wheat bids were mostly 5 to 6 cents higher at 6.33-6.48. 

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    6.48 - 6.62   14.70 - 14.81    -----------       
WESTERN     6.39 - 6.54   14.86 - 14.93    -----------       
N. CENTRAL  6.46 - 6.55   14.83 - 14.90    -----------       
S. CENTRAL  6.52 - 6.59   14.83 - 14.97    -----------       
WABASH      6.59 - 6.70   14.90 - 14.95    6.33 - 6.41     
W.S. WEST   6.60 - 6.68   14.95 - 15.07    6.37 - 6.48     
L. EGYPT    6.57 - 6.70   14.93 - 15.05    6.35 - 6.48     

Central Illinois average price   Corn        6.52 1/2 (- 8    K)
                                 Soybeans   14.90     (-13    K)

                 CONTRACT BIDS FOR NEW CROP 2012 DELIVERY

 AREA          CORN          SOYBEANS   ***SOFT WHEAT***    
NORTHERN    5.00 - 5.14   13.31 - 13.46   -----------       
WESTERN     4.97 - 5.06   13.36 - 13.46   -----------       
N. CENTRAL  5.06 - 5.14   13.42 - 13.51   -----------       
S. CENTRAL  5.07 - 5.21   13.41 - 13.51   -----------       
WABASH      5.13 - 5.23   13.46 - 13.51   6.30 - 6.45    
W.S. WEST   5.14 - 5.21   13.59 - 13.70   6.50 - 6.58     
L. EGYPT    5.22 - 5.24   13.44 - 13.51   6.35 - 6.49  
***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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