Grain Prices @ Illinois Interior Country Elevators

GX_GR113
Springfield, IL    Thu Dec 6, 2012    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, with soybeans and
wheat higher and corn lower. Slow demand for corn helped to push prices
lower.

In Northern and Western Illinois country grain dealers quoted shelled 
corn bids mixed at 7.28-7.50. Soybean bids were 14 to 18 cents higher at
14.53-14.83.
 
In Central Illinois country grain dealers quoted shelled corn bids were 
4 to 6 cents lower at 7.45-7.59. Soybean bids were 12 to 18 cents higher
at 14.71-14.86. 

In the Southern part of the state, shelled corn bids were 4 to 6 cents 
lower at 7.28-7.72. Soybean bids were 12 to 17 cents higher at 14.88-
15.09. Wheat bids were 1 to 3 cents higher at 8.33-8.47.  

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    7.38 - 7.50   14.54 - 14.59    -----------       
WESTERN     7.28 - 7.40   14.53 - 14.77    -----------       
N. CENTRAL  7.45 - 7.51   14.71 - 14.83    -----------       
S. CENTRAL  7.50 - 7.59   14.81 - 14.86    -----------       
WABASH      7.51 - 7.72   14.96 - 15.03    8.33 - 8.47     
W.S. WEST   7.28 - 7.44   14.88 - 14.94    8.36 - 8.39    
L. EGYPT    7.67 - 7.72   14.96 - 15.09    8.37 - 8.42     

Central Illinois average price   Corn        7.52     (+ 1/2   H)
                                 Soybeans   14.77 1/2 (-13 1/2 F)

                 CONTRACT BIDS FOR NEW CROP 2013 DELIVERY

 AREA          CORN          SOYBEANS   ***SOFT WHEAT***      
NORTHERN    5.96 - 6.12   12.82 - 12.95   -----------       
WESTERN     5.95 - 6.09   12.75 - 12.87   -----------       
N. CENTRAL  6.02 - 6.14   12.93 - 13.05   -----------                                             
S. CENTRAL  6.08 - 6.23   12.93 - 13.08   -----------       
WABASH      6.19 - 6.34   12.82 - 13.05   8.32 - 8.43                          
W.S. WEST   5.91 - 6.02   12.84 - 12.94   8.31 - 8.34     
L. EGYPT    6.19 - 6.28   12.85 - 13.05   8.35 - 8.41 
***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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