Central Illinois Corn Processor Report

GX_GR115
Springfield, IL     Thu, Mar 07, 2013     USDA-IL Dept of Ag Market News

Central Illinois Corn Processor Report

Corn is spot bid to dealers at selected processors in Central Illinois
Crude Corn Oil is bids and offers FOB Midwest points, wet or dry mill.
(Prices quoted:  corn dollars/bushel, oil cents/lb)

                      Bids      Change (¢/bu)          Basis    Change
US 2 Yellow Corn 7.2425-7.3125  UP 13.75-UP 2.75    33K to 40K  UP 11-UNCH

Crude Corn Oil   46.00-48.00    DN 100-UNCH

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
----------------------------------------------------------------------------
Monthly Prices for: February 2013

Corn                                          7.3100
Crude Corn Oil                               51.7100

Source: USDA-IL Dept of Ag Market News Service, Springfield, IL
        Bob Reese  217-782-4925  SpringField.LGMN@ams.usda.gov
        In state only toll free 888-458-4787
        www.ams.usda.gov/mnreports/gx_gr115.txt
        www.ams.usda.gov/LPSMarketNewsPage

1504C            BR

1. Corn and soybean prices continue to retrace 2012 drought rally
2. Ag markets generally mixed to start this week
3. USDA announces Conservation Reserve Program sign-up
4. South Dakota State University dairy faculty works With USAID
5. What are the drivers of profit in your dairy herd?
6. Fire kills 17 calves at Idaho farm

1. Class III futures close out quietly last week
2. Ag markets were mixed to start the new week
3. Farmers dodge showers to plant corn at breakneck pace
4. Weather report: Rain spreads across the Corn Belt
5. Dairy supply chain launches guide for sustainability reporting
6. Lowfat dairy may cut diabetes risk

1. Analysis: Dairy Security Act better for farmers, taxpayers
2. Commentary: Slanting the statistics
3. World food supply depends on character, virtuous leadership
4. Buffet concerned about soil and starvation
5. Cold spring stunts upper Midwest hay crop
6. N.M. rancher charged with 43 counts of animal cruelty