Grain Prices @ Illinois Interior Country Elevators

GX_GR113
Springfield, IL    Tue Jan 8, 2013    USDA-IL Dept of Ag Market News

Illinois Grain Prices in Country Elevators

This is Tuesday'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 Tuesday afternoon. Technical
buying at the Board of Trade helped to lift corn futures.

In Northern and Western Illinois country grain dealers quoted shelled corn
bids were mixed at 6.70-6.82. Soybean bids were up 3 to 6 cents at 13.71-
13.97.
 
In Central Illinois country grain dealers quoted shelled corn bids were
3 to 4 cents higher at 6.76-7.02. Soybean bids were mixed at 13.91-14.14.

In the Southern part of the state, shelled corn bids were steady to 3
cents stronger at 6.67-7.09. Soybean bids were mixed at 14.06-14.24. Wheat
bids were mostly 1 cents lower at 7.31-7.55.

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    6.70 - 6.82   13.80 - 13.93    -----------       
WESTERN     6.74 - 6.82   13.71 - 13.97    -----------       
N. CENTRAL  6.76 - 6.95   13.91 - 14.09    -----------       
S. CENTRAL  6.83 - 7.02   13.91 - 14.14    -----------       
WABASH      6.93 - 7.08   14.06 - 14.18    7.46 - 7.55     
W.S. WEST   6.67 - 6.92   14.13 - 14.22    7.35 - 7.49    
L. EGYPT    7.01 - 7.09   14.06 - 14.24    7.31 - 7.51     

Central Illinois average price   Corn        6.89       (opt     H)
                                 Soybeans   14.02 1/2   (+ 16    H)

                 CONTRACT BIDS FOR NEW CROP 2013 DELIVERY

 AREA          CORN          SOYBEANS   ***SOFT WHEAT*** 
NORTHERN    5.33 - 5.38   12.38 - 12.51   -----------    
WESTERN     5.32 - 5.43   12.31 - 12.46   -----------    
N. CENTRAL  5.39 - 5.53   12.45 - 12.56   -----------    
S. CENTRAL  5.43 - 5.56   12.46 - 12.63   -----------    
WABASH      5.53 - 5.68   12.46 - 12.56   7.35 - 7.37                       
W.S. WEST   5.34 - 5.48   12.41 - 12.56   7.12 - 7.23  
L. EGYPT    5.53 - 5.62   12.46 - 12.56   7.25 - 7.35 
***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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