Grain Prices @ Illinois Interior Country Elevators

GX_GR113
Springfield, IL    Wed Nov 14, 2012    USDA-IL Dept of Ag Market News

Illinois Grain Prices in Country Elevators

This is Wednesday'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 Wednesday. Commercial buying late
in the day left corn and soybean values higher. Basis along the Illinois River
terminals was lower with drops of 4 to 8 cents noted.

In Northern and Western Illinois country grain dealers quoted shelled corn 
bids 2 to 5 cents higher at 7.04-7.20. Soybean bids were 8 to 11 cents higher 
at 13.94-14.08.
 
In Central Illinois country grain dealers quoted shelled corn bids were 2 to 
4 cents higher at 7.16-7.32. Soybean bids were 10 to 16 cents higher at 14.01-
14.18. 

In the Southern part of the state, shelled corn bids were 3 to 4 cents higher 
at 7.07-7.41. Soybean bids were 10 to 16 cents higher at 14.04-14.27. Wheat 
bids were 2 to 3 cents lower at 8.29-8.45.  

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    7.08 - 7.20   13.94 - 14.08    -----------       
WESTERN     7.04 - 7.20   13.99 - 14.05    -----------       
N. CENTRAL  7.16 - 7.29   14.03 - 14.18    -----------       
S. CENTRAL  7.21 - 7.32   14.01 - 14.14    -----------       
WABASH      7.28 - 7.40   14.06 - 14.22    8.38 - 8.44     
W.S. WEST   7.07 - 7.16   14.12 - 14.27    8.42 - 8.44    
L. EGYPT    7.34 - 7.41   14.04 - 14.22    8.29 - 8.45     

Central Illinois average price   Corn        7.24     (- 2     Z)
                                 Soybeans   14.09 1/2 (- 9 1/2 F)

                 CONTRACT BIDS FOR JANUARY 2013 DELIVERY

 AREA          CORN          SOYBEANS   ***SOFT WHEAT***      
NORTHERN    7.19 - 7.33   13.94 - 14.02   -----------       
WESTERN     7.13 - 7.26   14.01 - 14.15   -----------       
N. CENTRAL  7.25 - 7.34   14.06 - 14.20   -----------                                             
S. CENTRAL  7.31 - 7.43   14.08 - 14.20   -----------       
WABASH      7.38 - 7.51   14.15 - 14.26   8.17 - 8.29                          
W.S. WEST   7.13 - 7.20   14.18 - 14.29   8.03 - 8.09     
L. EGYPT    7.45 - 7.54   14.11 - 14.24   8.21 - 8.27 
***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 km/jm/gw

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