To-Arrive Truck & Rail Bids - Grain Delivered To Chicago IL

GX_GR110
Springfield, IL    Wed, May 16, 2012    USDA-IL Dept of Ag Market News

Chicago Terminal Grain Report

To Arrive Truck and Rail Bids for Grain Delivered to Chicago.  The
following quotations represent Bids ($/ bu) from Terminal Elevators,
Processors, Mills, and Merchandisers after 1:30 p.m. today.

Grain          Bids        Delivery        Change           Basis       Change

SRW Wheat  6.2375-6.3375   30 Days        UP 30.25       -15N to -5N     UNCH

Soybeans  14.0700-14.2200    Spot           UP 9        -15N to OptN     UNCH
Soybeans  14.0700-14.2200 15-30 Days        UP 9        -15N to OptN     UNCH

Terminal Elevator Bids
Corn       6.1900-6.2000     Spot         UP 22.75       -1N to OptN     UNCH
Corn       6.1900-6.2000  15-30 Days      UP 22.75       -1N to OptN     UNCH

Processor Bids
Corn       6.5600-6.6000     Spot     UP 20.75-UP 22.75  36N to 40N   DN 2-UNCH
Corn       6.5600-6.6000  15-30 Days  UP 20.75-UP 22.75  36N to 40N   DN 2-UNCH

Changes are cents per bushel.  Spot = up to 15 days
Soybeans = US 1 Yellow; Corn = US 2 Yellow

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
---------------------------------------------------------------------------------
Monthly Prices for: April 2012

SRW Wheat                      6.2400
Processor Corn (Spot)          6.5100
Terminal Corn (Spot)           6.2100
Soybeans (Spot)               14.3700

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_gr110.txt
        www.ams.usda.gov/LSMarketNews

1445C     JM

1. AFBF president issues statement on U.S.-EU trade negotiations
2. Buckle your seatbelt for the House consideration of the farm bill
3. Study: Federal milk marketing order helps Calif. producers
4. Ag markets were generally mixed overnight trading
5. Winterkill losses put pressure on forage supplies
6. Weather report: Cool and rainy in the Plains

1. Will Smith dethroned in latest Peterson Farm Bros. parody
2. Uncertainty hangs over milk futures market
3. Chobani pushes back against UK Greek yogurt ban
4. Cattle crush Calif. dairy worker
5. How China may help keep Calif. dairies in business
6. WASDE: Corn price outlook lowered

1. Commentary: Clueless consumers
2. Group enhances financial commitment to dairy exports
3. USDA report shows continued adoption of no-till
4. Finding the comedy in ag-gag
5. Commentary: Ag must resist HSUS 'divide and conquer' strategy
6. Chobani pushes back against UK Greek yogurt ban