Grain Prices Illinois River Barge Points

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GX_GR112
Springfield, IL     Wed, May 02, 2012     USDA-IL Dept of Ag Market News

Illinois River Barge Terminals Producer Bids/Basis

            Bids ($/bu)    Change (¢/bu)        Basis            Change

          Cash Price      South of Peoria
Corn      6.4950-6.5250   DN 12.5-DN 13.5    38N to 41N        UP 5-UP 4
Soybeans  14.8500-14.9200 DN 18.5-DN 16.5    OptN to 7N        UNCH-UP 2

Contract Bids for New Crop 2012 Delivery
Corn      5.0700-5.1200   DN 4.75-DN 5.75    -24Z to -19Z      UP 3-UP 2
Soybeans  13.5025-13.5825 DN 23.25-DN 24.25  -18X to -10X      UP 1-UNCH
* Wheat   6.0450-6.1450   DN 28.5            -10N to OptN      UNCH

          Cash Price      North of Peoria
Corn      6.4450-6.4850   DN 12.5-DN 16.5    33N to 37N        UP 5-UP 1
Soybeans  14.8200-14.8500 DN 17.5-DN 19.5    -3N to OptN       UP 1-DN 1

Contract Bids for New Crop 2012 Delivery
Corn      5.0300-5.0800   DN 5.75-DN 4.75    -28Z to -23Z      UP 2-UP 3
Soybeans  13.4625-13.5025 DN 24.25-DN 22.25  -22X to -18X      UNCH-UP 2
* Wheat   6.0950-6.1050   DN 28.5            -5N to -4N        UNCH

* Wheat bids for June/July 2012 delivery

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

Source: USDA-IL Dept of Ag Market News Service, Springfield, IL
        Joe Massey  217-782-4925  SpringField.LGMN@ams.usda.gov
        In state only toll free 888-458-4787
        www.ams.usda.gov/mnreports/gx_gr112.txt
        www.ams.usda.gov/LSMarketNews

1542C     JM


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