Grain Prices @ Illinois Interior Country Elevators

GX_GR113
Springfield, IL    Thu Jan 3, 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 mostly lower on Thursday afternoon.
Soybean futures were weakened by another concellation of US soybeans
by China. Today, another sale of 315,000 tonnes of US soybeans were
cancelled.

In Northern and Western Illinois country grain dealers quoted shelled 
corn bids mixed at 6.70-6.82. Soybean bids were mostly 4 to 8 cents lower
at 13.61-13.85.
 
In Central Illinois country grain dealers quoted shelled corn bids were 
1 to 3 cents lower at 6.82-6.99. Soybean bids were 6 to 8 cents lower at
13.84-14.01. 

In the Southern part of the state, shelled corn bids were mixed at 
6.70-7.09. Soybean bids were 3 to 6 cents lower at 14.04-14.20. Wheat 
bids were mixed at 7.44-7.60.  

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    6.70 - 6.80   13.80 - 13.85    -----------       
WESTERN     6.75 - 6.82   13.61 - 13.79    -----------       
N. CENTRAL  6.82 - 6.91   13.84 - 14.01    -----------       
S. CENTRAL  6.91 - 6.99   13.91 - 13.99    -----------       
WABASH      6.93 - 7.04   14.04 - 14.20    7.51 - 7.60     
W.S. WEST   6.70 - 6.84   14.07 - 14.17    7.51 - 7.55    
L. EGYPT    6.99 - 7.09   14.06 - 14.17    7.44 - 7.56     

Central Illinois average price   Corn        6.87     (- 2     H)
                                 Soybeans   13.92 1/2 (+ 6     H)

                 CONTRACT BIDS FOR NEW CROP 2013 DELIVERY

 AREA          CORN          SOYBEANS   ***SOFT WHEAT*** 
NORTHERN    5.42 - 5.59   12.47 - 12.57   -----------    
WESTERN     5.42 - 5.52   12.41 - 12.53   -----------    
N. CENTRAL  5.47 - 5.63   12.51 - 12.62   -----------    
S. CENTRAL  5.50 - 5.64   12.50 - 12.65   -----------    
WABASH      5.60 - 5.78   12.52 - 12.62   7.39 - 7.41                       
W.S. WEST   5.34 - 5.46   12.45 - 12.56   7.19 - 7.26  
L. EGYPT    5.63 - 5.72   12.37 - 12.42   7.29 - 7.39 
***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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