Grain Prices Illinois River Barge Points

GX_GR112

Springfield, IL     Fri, May 16, 2014     USDA-IL Dept of Ag Market News



Illinois River Barge Terminals Producer Bids/Basis



            Bids ($/bu)    Change (¢/bu)        Basis            Change



          Cash Price      South of Peoria

Corn      4.8850-4.9050   DN 0.75-DN 2.75    5N to 7N          UNCH-DN 2

Soybeans  14.7800-14.8500 DN 5.25-DN 8.25    13N to 20N        UNCH-DN 3

Wheat     NA              NA                 NA                NA

Contract Bids for Fall 2014 Delivery

Corn      4.5800-4.6500   UP 0.5-DN 0.5      -23Z to -16Z      UNCH-DN 1        .

Soybeans  12.0650-12.1350 UP 3.75-UP 7.75    -15X to -8X       UNCH-UP 4

* Wheat   6.4725-6.4925   DN 4               -27N to -25N      UNCH



          Cash Price      North of Peoria

Corn      4.8350-4.8850   DN 0.75            OptN to 5N        UNCH

Soybeans  14.7300-14.8000 DN 5.25            8N to 15N         UNCH

Wheat     NA              NA                 NA                NA

Contract Bids for Fall 2014 Delivery

Corn      4.5600-4.5800   UP 0.5             -25Z to -23Z      UNCH

Soybeans  12.0050-12.0550 UP 4.75-UP 6.75    -21X to -16X      UP 1-UP 3

* Wheat   6.4925-6.5325   DN 4               -25N to -21N      UNCH



* Wheat bids for June/July 2014 delivery



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



Source: USDA-IL Dept of Ag Market News Service, Springfield, IL

        David Humphreys  217-782-4925  SpringField.LPGMN@ams.usda.gov

        In state only toll free 888-458-4787

        www.ams.usda.gov/mnreports/gx_gr112.txt

        www.ams.usda.gov/LPSMarketNewsPage



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