Grain Prices @ Illinois Interior Country Elevators

GX_GR113
Springfield, IL    Wed Feb 20, 2013    USDA-IL Dept of Ag Market News

Illinois Grain Prices in Country Elevators

This is Wednesday's report of the grain prices and trends prepared by the 
USDA and the Illinois Department of Agriculture.
  
Illinois country grain prices were higher on Wednesday afternoon. Soybean futures 
were supported by loading delays for the new South American soybean crop and the 
dry soil conditions continue for their soybean crop.

In Northern and Western Illinois country grain dealers quoted shelled corn 
bids were 5 to 6 cents higher at 6.93-7.15. Soybean bids were mostly 15 to 18 
cents higher at 14.64-14.80.
 
In Central Illinois country grain dealers quoted shelled corn bids were 4 to 
9 cents higher at 7.01-7.19. Soybean bids were up 11 to 12 cents at 14.84-
14.96.

In the Southern part of the state, shelled corn bids were 6 cents higher
at 6.96-7.26. Soybean bids were 12 to 18 cents higher at 14.92-15.09. Wheat 
bids were mostly 5 to 7 cents higher at 7.41-7.54.

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    6.96 - 7.15   14.73 - 14.77    -----------       
WESTERN     6.93 - 7.06   14.64 - 14.80    -----------       
N. CENTRAL  7.01 - 7.09   14.84 - 14.95    -----------       
S. CENTRAL  7.13 - 7.19   14.86 - 14.96    -----------       
WABASH      7.12 - 7.26   14.95 - 15.02    7.46 - 7.54     
W.S. WEST   6.96 - 7.05   14.92 - 15.00    7.41 - 7.57    
L. EGYPT    7.16 - 7.26   15.02 - 15.09    7.44 - 7.54     

Central Illinois average price   Corn        7.10       (+ 9 1/2   H)
                                 Soybeans   14.90       (+ 7       H)

                 CONTRACT BIDS FOR NEW CROP 2013 DELIVERY

 AREA          CORN          SOYBEANS   ***SOFT WHEAT*** 
NORTHERN    5.21 - 5.41   12.45 - 12.55   -----------    
WESTERN     5.23 - 5.36   12.39 - 12.55   -----------    
N. CENTRAL  5.23 - 5.37   12.46 - 12.57   -----------    
S. CENTRAL  5.31 - 5.44   12.54 - 12.64   -----------    
WABASH      5.32 - 5.41   12.54 - 12.70   7.16 - 7.20                       
W.S. WEST   5.29 - 5.37   12.63 - 12.73   7.04 - 7.12  
L. EGYPT    5.37 - 5.47   12.57 - 12.70   7.02 - 7.16 
***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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