Grain Prices @ Illinois Interior Country Elevators

GX_GR113
Springfield, IL    Thu Feb 21, 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 soybeans
higher and corn and wheat lower. Soybean values were supported by export sales
and stronger soybean meal values. Beneficial moisture from the major snow storm in
the plains states weighed on wheat prices. 

In Northern and Western Illinois country grain dealers quoted shelled corn 
bids were 8 to 9 cents lower at 6.84-7.07. Soybean bids were 6 to 8 cents higher 
at 14.70-14.88.
 
In Central Illinois country grain dealers quoted shelled corn bids were 10 cents
lower at 6.91-7.09. Soybean bids were up 5 to 8 cents at 14.92-15.01.

In the Southern part of the state, shelled corn bids were 9 to 10 cents lower
at 6.87-7.16. Soybean bids were 4 to 5 cents higher at 14.97-15.13. Wheat bids 
were mostly 17 to 18 cents lower at 7.16-7.40.

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    6.85 - 7.07   14.75 - 14.81    -----------       
WESTERN     6.84 - 6.95   14.70 - 14.88    -----------       
N. CENTRAL  6.91 - 7.00   14.93 - 14.98    -----------       
S. CENTRAL  7.00 - 7.09   14.92 - 15.01    -----------       
WABASH      6.98 - 7.16   15.00 - 15.07    7.16 - 7.29     
W.S. WEST   6.87 - 6.94   14.97 - 15.05    7.23 - 7.40    
L. EGYPT    7.06 - 7.16   15.07 - 15.13    7.26 - 7.36     

Central Illinois average price   Corn        7.00       (+ 9       H)
                                 Soybeans   14.96 1/2   (+ 9       H)

                 CONTRACT BIDS FOR NEW CROP 2013 DELIVERY

 AREA          CORN          SOYBEANS   ***SOFT WHEAT*** 
NORTHERN    5.15 - 5.34   12.37 - 12.47   -----------    
WESTERN     5.16 - 5.29   12.33 - 12.45   -----------    
N. CENTRAL  5.15 - 5.30   12.36 - 12.47   -----------    
S. CENTRAL  5.20 - 5.34   12.42 - 12.54   -----------    
WABASH      5.24 - 5.34   12.44 - 12.60   6.96 - 7.00                       
W.S. WEST   5.25 - 5.30   12.53 - 12.63   6.81 - 6.92  
L. EGYPT    5.29 - 5.39   12.47 - 12.60   6.82 - 6.96 
***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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