Grain Prices @ Illinois Interior Country Elevators

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GX_GR113
Springfield, IL    Thu Mar 07, 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 higher on Thursday afternoon. Higher soybean
futures were supported by higher than expected weekly export sales figures. Some
traders evened positions and took profits ahead of Friday's USDA crop reports.

In Northern and Western Illinois country grain dealers quoted shelled corn 
bids were 2 to 3 cents higher at 7.01-7.23. Soybean bids were mixed at 14.63-
14.87.

In Central Illinois country grain dealers quoted shelled corn bids were 3 to 4
cents higher at 7.04-7.16. Soybean bids were 7 to 8 cents higher at 14.85-14.96.

In the Southern part of the state, shelled corn bids were mostly 2 cents higher 
at 6.88-7.27. Soybean bids were 6 to 7 cents higher at 14.88-15.12. Wheat bids 
were 12 to 15 cents higher at 6.88-7.09.

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    7.10 - 7.23   14.63 - 14.76    -----------       
WESTERN     7.01 - 7.07   14.73 - 14.87    -----------       
N. CENTRAL  7.05 - 7.13   14.86 - 14.95    -----------       
S. CENTRAL  7.04 - 7.16   14.85 - 14.96    -----------       
WABASH      7.14 - 7.24   14.97 - 15.04    6.88 - 7.05     
W.S. WEST   6.88 - 7.11   14.88 - 14.95    6.91 - 7.06    
L. EGYPT    7.20 - 7.27   15.04 - 15.12    6.96 - 7.09     

Central Illinois average price   Corn        7.10       (+19     K)
                                 Soybeans   14.90 1/2   (+17     K)

                 CONTRACT BIDS FOR NEW CROP 2013 DELIVERY

 AREA          CORN           SOYBEANS   ***SOFT WHEAT*** 
NORTHERN    5.02 - 5.18   12.38 - 12.49   -----------    
WESTERN     5.06 - 5.16   12.40 - 12.46   -----------    
N. CENTRAL  5.07 - 5.17   12.37 - 12.48   -----------    
S. CENTRAL  5.08 - 5.24   12.51 - 12.58   -----------    
WABASH      5.14 - 5.26   12.48 - 12.53   6.54 - 6.71                       
W.S. WEST   5.05 - 5.22   12.51 - 12.62   6.66 - 6.84  
L. EGYPT    5.18 - 5.27   12.48 - 12.59   6.67 - 6.77 
***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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