Grain Prices Illinois River Barge Points

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GX_GR112
Springfield, IL     Thu, May 03, 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      6.5650-6.5750   UP 7-UP 5          42N to 43N        UP 4-UP 2
Soybeans  14.7450-14.7750 DN 10.5-DN 14.5    1N to 4N          UP 1-DN 3

Contract Bids for New Crop 2012 Delivery
Corn      5.0650-5.1050   DN 0.5-DN 1.5      -23Z to -19Z      UP 1-UNCH
Soybeans  13.4975-13.5975 DN 0.5-UP 1.5      -18X to -8X       UNCH-UP 2
* Wheat   6.0550-6.1550   UP 1               -10N to OptN      UNCH

          Cash Price      North of Peoria
Corn      6.5200          UP 7.5-UP 3.5      37.5N             UP 4.5-UP 0.5
Soybeans  14.7250-14.7450 DN 9.5-DN 10.5     -1N to 1N         UP 2-UP 1

Contract Bids for New Crop 2012 Delivery
Corn      5.0250-5.0850   DN 0.5-UP 0.5      -27Z to -21Z      UP 1-UP 2
Soybeans  13.4975-13.5175 UP 3.5-UP 1.5      -18X to -16X      UP 4-UP 2
* Wheat   6.1050-6.1150   UP 1               -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

1533C     JM


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