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Illinois grain prices in country elevators

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[March 23, 2012]  SPRINGFIELD -- This is Thursday's report of the grain prices and trends prepared by the USDA and the Illinois Department of Agriculture.

Hardware(Copy)

Illinois country grain prices were mixed on Thursday afternoon, with corn and
wheat higher and soybeans lower. Technical buying at the Board of Trade helped
to lift wheat values. Soybean futures ended lower pressured by weaker soybean
oil values.

In Northern and Western Illinois country grain dealers quoted shelled corn bids
mostly 2 to 4 cents higher at 6.25-6.40. Soybean bids traded mostly 5 to 6 cents
lower at 13.14-13.32.

In Central Illinois country grain dealers quoted shelled corn bids were 3 cents
higher at 6.34-6.50. Soybean bids were 6 to 7 cents lower at 13.26-13.36.

In the Southern part of the state, shelled corn bids were mostly 2 to 3 cents
higher at 6.39-6.61. Soybean bids were 4 to 5 cents lower at 13.34-13.46. Wheat
bids were 8 to 10 cents higher at 6.25-6.51.

Commercial grain prices paid farmers by Interior Illinois Country
Elevators after 2.00 p.m. today are listed below in dollars per bushel:

[to top of second column]

            
Commercial grain prices paid farmers by Interior Illinois Country Elevators after 2.00 p.m. Thursday are listed below in dollars per bushel:

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN  6.26 - 6.40 13.14 - 13.25  
WESTERN  6.25 - 6.37 13.21 - 13.32  
N. CENT. 6.34 - 6.43 13.26 - 13.31  
S. CENTRAL 6.40 - 6.50 13.28 - 13.36  
WABASH  6.53 - 6.59 13.34 - 13.39 6.25 - 6.41
W.S. WEST  6.39 - 6.45 13.34 - 13.46 6.27 - 6.41
L. EGYPT 6.49 - 6.61 13.38 - 13.46 6.50 - 6.51

Central Illinois average price

Corn: Corn 6.42 (- 2 1/2 K)
Soybeans:
13.31 (-18 1/2 K)

CONTRACT BIDS FOR NEW CROP 2012 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN 5.14 - 5.26 12.62 - 12.74  
WESTERN  5.11 - 5.24 12.64 - 12.77  
N. CENT. 5.16 - 5.26 12.72 - 12.82  
S. CENTRAL 5.21 - 5.30 12.72 - 12.82  
WABASH  5.26 - 5.36 12.77 - 12.82 6.25 - 6.31
W.S. WEST 5.28 - 5.31 12.78 - 12.88

6.37 - 6.46

L. EGYPT

5.36 - 5.37

12.69 - 12.82

6.26 - 6.36

***June/July 2012 Delivery


[Text copied from USDA-IL Dept of Ag Market News, Springfield]

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