Grain Prices @ Illinois Interior Country Elevators

GX_GR113
Springfield, IL    Tue Feb 05, 2013    USDA-IL Dept of Ag Market News

Illinois Grain Prices in Country Elevators

This is Tuesday'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 Tuesday afternoon, with 
soybeans higher and corn and wheat lower. Strong soybean meal values 
and good export demand continues to support higher soybean futures.

In Northern and Western Illinois country grain dealers quoted shelled corn 
bids were 5 to 6 cents lower at 7.16-7.34. Soybean bids were 5 to 7 cents 
higher at 14.69-14.86.
 
In Central Illinois country grain dealers quoted shelled corn bids were 
5 cents lower at 7.28-7.47. Soybean bids were 3 to 7 cents higher at 
14.92-15.11.

In the Southern part of the state, shelled corn bids were 3 to 5 cents
lower at 7.22-7.54. Soybean bids were 4 to 6 cents higher at 15.01-15.21.
Wheat bids were 5 cents lower at 7.53-7.73.

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    7.16 - 7.34   14.70 - 14.86    -----------       
WESTERN     7.18 - 7.26   14.69 - 14.84    -----------       
N. CENTRAL  7.28 - 7.38   14.92 - 15.09    -----------       
S. CENTRAL  7.32 - 7.47   15.03 - 15.11    -----------       
WABASH      7.36 - 7.46   15.08 - 15.16    7.53 - 7.65     
W.S. WEST   7.22 - 7.41   15.01 - 15.07    7.61 - 7.70    
L. EGYPT    7.44 - 7.54   15.15 - 15.21    7.63 - 7.73     

Central Illinois average price   Corn        7.37 1/2   (+ 8 1/2   H)
                                 Soybeans   15.02 1/2   (+ 6       H)

                 CONTRACT BIDS FOR NEW CROP 2013 DELIVERY

 AREA          CORN          SOYBEANS   ***SOFT WHEAT*** 
NORTHERN    5.47 - 5.62   13.04 - 13.16   -----------    
WESTERN     5.50 - 5.60   13.00 - 13.16   -----------    
N. CENTRAL  5.50 - 5.65   13.13 - 13.33   -----------    
S. CENTRAL  5.55 - 5.68   13.18 - 13.25   -----------    
WABASH      5.60 - 5.70   13.15 - 13.23   7.37 - 7.40                       
W.S. WEST   5.48 - 5.63   13.23 - 13.34   7.33 - 7.38  
L. EGYPT    5.65 - 5.75   13.08 - 13.23   7.37 - 7.46 
***June/July 2013 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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