Grain Prices Illinois River Barge Points

GX_GR112
Springfield, IL     Mon, Apr 16, 2012     USDA-IL Dept of Ag Market News

Illinois River Barge Terminals Producer Bids/Basis

            Bids ($/bu)    Change (¢/bu)        Basis            Change

          Cash Price      South of Peoria
Corn      6.3225-6.3825   DN 7-DN 6          9K to 15K         DN 1-UNCH
Soybeans  14.2000-14.2600 DN 17.75           OptK to 6K        DN 1

Contract Bids for New Crop 2012 Delivery
Corn      4.9450-5.0250   DN 13.5-DN 12.5    -32Z to -24Z      DN 3-DN 2
Soybeans  13.2400-13.3400 DN 11.75-DN 7.75   -26X to -16X      UNCH-UP 4
* Wheat   6.0225-6.1125   DN 11-DN 13        -19N to -10N      DN 2-DN 4

          Cash Price      North of Peoria
Corn      6.3325-6.3525   DN 7               10K to 12K        DN 1
Soybeans  14.2050-14.2300 DN 16.25-DN 16.75  0.5K to 3K        UP 0.5-UNCH

Contract Bids for New Crop 2012 Delivery
Corn      4.9450-4.9850   DN 12.5-DN 11.5    -32Z to -28Z      DN 2-DN 1
Soybeans  13.2000-13.2300 DN 11.75-DN 12.75  -30X to -27X      UNCH-DN 1
* Wheat   6.1125-6.1225   DN 9               -10N to -9N       UNCH

* Wheat bids for June/July 2012 delivery

Chicago Board of Trade month symbols: F January, G February, H March, J April,
K May, M June, N July, Q August, U September, V October, X November, Z December

Source: USDA-IL Dept of Ag Market News Service, Springfield, IL
        Joe Massey  217-782-4925  SpringField.LGMN@ams.usda.gov
        In state only toll free 888-458-4787
        www.ams.usda.gov/mnreports/gx_gr112.txt
        www.ams.usda.gov/LSMarketNews

1549C     cjm

1. Ag markets posted a general advance mid-day Wednesday
2. Former Eastern Livestock CEO, CFO sentenced for federal crimes
3. TSCRA works with sale barns to catch Houston cattle thief
4. Mexico says U.S. not respecting WTO ruling on meat labeling
5. Vance Publishing's 40 under 40
6. Schwieterman: Cattle futures rally sharply higher after reversal

1. Michigan hay buyers should plan purchases early
2. Post-tornado composting a solution for disposal of dead livestock
3. New animal identification rules aid disease traceability
4. Seven jobs more dangerous than farming
5. Drought losses in Oklahoma top $400 million for 2012
6. Survey reveals most Americans in favor of COOL

1. Meat and climate change: How significant is the impact?
2. Survey reveals most Americans in favor of COOL
3. Commentary: GMOs: How do I hate thee?
4. Seven jobs more dangerous than farming
5. Commentary: In praise of animal foods
6. Boxed beef hits record highs, cattle weak to lower