Grain Prices @ Illinois Interior Country Elevators

GX_GR113
Springfield, IL    Thu Dec 27, 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 slightly lower on Thursday afternoon.
In light of holiday trading, futures drifted lower. Outside markets were 
a negative influence on grain prices, though good export demand supported
both the wheat and soybean markets.

In Northern and Western Illinois country grain dealers quoted shelled 
corn bids 2 cents lower at 6.73-6.99. Soybean bids were mostly 5 to 7
cents lower at 13.88-14.06.
 
In Central Illinois country grain dealers quoted shelled corn bids were 
steady to 1 cent lower at 6.84-7.01. Soybean bids were 5 to 6 cents lower 
at 14.07-14.25. 

In the Southern part of the state, shelled corn bids were 2 cents lower 
at 6.71-7.07. Soybean bids were 5 to 6 cents lower at 14.19-14.44. Wheat 
bids were 2 to 3 cents lower at 7.51-7.72.  

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    6.81 - 6.99   13.88 - 14.00    -----------       
WESTERN     6.73 - 6.82   13.92 - 14.06    -----------       
N. CENTRAL  6.84 - 6.94   14.07 - 14.19    -----------       
S. CENTRAL  6.90 - 7.01   14.14 - 14.25    -----------       
WABASH      6.93 - 7.02   14.19 - 14.30    7.58 - 7.72     
W.S. WEST   6.71 - 6.80   14.25 - 14.31    7.51 - 7.62    
L. EGYPT    6.99 - 7.07   14.29 - 14.44    7.52 - 7.72     

Central Illinois average price   Corn        6.92 1/2 (+ 1     H)
                                 Soybeans   14.16     (- 3     F)

                 CONTRACT BIDS FOR NEW CROP 2013 DELIVERY

 AREA          CORN          SOYBEANS   ***SOFT WHEAT*** 
NORTHERN    5.51 - 5.67   12.55 - 12.68   -----------    
WESTERN     5.51 - 5.61   12.48 - 12.62   -----------    
N. CENTRAL  5.58 - 5.71   12.62 - 12.72   -----------    
S. CENTRAL  5.60 - 5.72   12.63 - 12.78   -----------    
WABASH      5.70 - 5.71   12.63 - 12.73   7.58 - 7.60                       
W.S. WEST   5.50 - 5.63   12.57 - 12.67   7.44 - 7.45  
L. EGYPT    5.71 - 5.80   12.63 - 12.73   7.48 - 7.58 
***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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