Grain Prices @ Illinois Interior Country Elevators

GX_GR113
Springfield, IL    Thu Mar 21, 2013    USDA-IL Dept of Ag Market News

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. Higher soybean
futures gained strength from sharply higher soybean meal values. Technical 
trading at the Board of Trade and lower than expected weekly export sales figures
weighed on wheat prices.

In Northern and Western Illinois country grain dealers quoted shelled corn bids 
were steady to 2 cents lower at 7.30-7.58. Soybean bids were 25 to 29 cents higher
at 14.35-14.50.

In Central Illinois country grain dealers quoted shelled corn bids were steady to 
3 cents lower at 7.42-7.58. Soybean bids were 28 to 29 cents higher at 14.58-14.73.

In the Southern part of the state, shelled corn bids were steady at 7.22-7.68.
Soybean bids were 26 to 29 cents higher at 14.45-14.87. Wheat bids were 7 cents 
lower at 7.24-7.44.

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    7.30 - 7.58   14.41 - 14.50    -----------       
WESTERN     7.35 - 7.40   14.35 - 14.41    -----------       
N. CENTRAL  7.45 - 7.51   14.66 - 14.73    -----------       
S. CENTRAL  7.42 - 7.58   14.58 - 14.69    -----------       
WABASH      7.52 - 7.68   14.70 - 14.79    7.24 - 7.39     
W.S. WEST   7.22 - 7.54   14.45 - 14.63    7.30 - 7.33    
L. EGYPT    7.61 - 7.68   14.74 - 14.87    7.34 - 7.44     

Central Illinois average price   Corn        7.50     (+17    K)
                                 Soybeans   14.65 1/2 (+16 1/2K)

                 CONTRACT BIDS FOR NEW CROP 2013 DELIVERY

 AREA          CORN           SOYBEANS   ***SOFT WHEAT*** 
NORTHERN    5.35 - 5.49   12.37 - 12.45   -----------    
WESTERN     5.31 - 5.38   12.35 - 12.43   -----------    
N. CENTRAL  5.33 - 5.44   12.37 - 12.46   -----------    
S. CENTRAL  5.34 - 5.51   12.46 - 12.57   -----------    
WABASH      5.41 - 5.54   12.45 - 12.50   6.97 - 7.08                       
W.S. WEST   5.32 - 5.49   12.52 - 12.60   7.05 - 7.21  
L. EGYPT    5.44 - 5.53   12.45 - 12.58   6.96 - 7.08 
***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

1544cst jm/gw




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