Grain Prices @ Illinois Interior Country Elevators

GX_GR113
Springfield, IL    Thu Jan 10, 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 mixed on Thursday afternoon, with corn 
slightly higher and soybeans and wheat futures slightly lower. Soybean futures 
ended lower despite announced sales of soybeans to China with some for the 2012-
2013 marketing year and some for 2013-2014 marketing year.  

In Northern and Western Illinois country grain dealers quoted shelled corn bids 
were 4 to 6 cents higher at 6.81-6.92. Soybean bids were 4 to 6 cents lower at 
13.66-13.88.
 
In Central Illinois country grain dealers quoted shelled corn bids were mostly
2 to 4 cents higher at 6.88-7.10. Soybean bids were 5 to 7 lower at 13.86-14.00.

In the Southern part of the state, shelled corn bids were 5 to 6 cents stronger 
at 6.80-7.20. Soybean bids were mixed at 13.91-14.20. Wheat bids were mixed at 
7.33-7.50.

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 - 6.92   13.78 - 13.86    -----------       
WESTERN     6.86 - 6.92   13.66 - 13.88    -----------       
N. CENTRAL  6.88 - 7.05   13.90 - 14.00    -----------       
S. CENTRAL  6.96 - 7.10   13.86 - 13.96    -----------       
WABASH      7.06 - 7.19   13.91 - 14.12    7.40 - 7.50     
W.S. WEST   6.80 - 7.05   14.10 - 14.20    7.33 - 7.50    
L. EGYPT    7.11 - 7.20   13.99 - 14.17    7.35 - 7.50     

Central Illinois average price   Corn        6.99       ( opt      H)
                                 Soybeans   13.93       (+ 13      H)

                 CONTRACT BIDS FOR NEW CROP 2013 DELIVERY

 AREA          CORN          SOYBEANS   ***SOFT WHEAT*** 
NORTHERN    5.42 - 5.56   12.35 - 12.42   -----------    
WESTERN     5.39 - 5.49   12.32 - 12.42   -----------    
N. CENTRAL  5.49 - 5.59   12.46 - 12.52   -----------    
S. CENTRAL  5.49 - 5.60   12.47 - 12.57   -----------    
WABASH      5.55 - 5.64   12.47 - 12.52   7.28 - 7.30                       
W.S. WEST   5.42 - 5.54   12.37 - 12.52   7.14 - 7.30  
L. EGYPT    5.59 - 5.68   12.42 - 12.52   7.18 - 7.28 
***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

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