GX_GR113 Springfield, IL Thu May 23, 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 mostly higher on Thursday afternoon. Technical trading at the Board of Trade helped to support higher corn and soybean values. Wheat prices were given a boost from good export interest. In the cash grain markets, the cash soybean basis continues to weaken with losses of 17 to 20 cents noted. In Northern and Western Illinois country grain dealers quoted shelled corn bids were 3 to 4 cents higher at 6.91-7.08. Soybean bids were 12 to 16 cents lower at 15.00-15.24. In Central Illinois country grain dealers quoted shelled corn bids were 3 to 6 cents higher at 6.89-7.02. Soybean bids were 17 to 29 cents lower at 15.21- 15.50. In the Southern part of the state, shelled corn bids were mostly 2 to 3 cents higher at 6.68-7.07. Soybean bids were 11 to 12 cents lower at 15.24-15.67. Wheat bids were 10 to 15 cents higher at 6.80-7.16. 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 6.94 - 6.98 15.00 - 15.16 ----------- WESTERN 6.91 - 7.08 15.04 - 15.24 ----------- N. CENTRAL 6.90 - 6.98 15.21 - 15.33 ----------- S. CENTRAL 6.89 - 7.02 15.32 - 15.50 ----------- WABASH 6.90 - 7.02 15.57 - 15.67 6.80 - 6.88 W.S. WEST 6.68 - 6.78 15.24 - 15.44 7.06 - 7.16 L. EGYPT 7.00 - 7.07 15.60 - 15.67 6.93 - 7.11 Central Illinois average price Corn 6.95 1/2 (+33 1/2 N) Soybeans 15.35 1/2 (+36 N) CONTRACT BIDS FOR NEW CROP 2013 DELIVERY AREA CORN SOYBEANS ***SOFT WHEAT*** NORTHERN 5.00 - 5.05 12.06 - 12.13 ----------- WESTERN 5.01 - 5.08 12.05 - 12.26 ----------- N. CENTRAL 4.97 - 5.14 12.09 - 12.15 ----------- S. CENTRAL 5.00 - 5.16 12.16 - 12.30 ----------- WABASH 5.09 - 5.16 12.18 - 12.27 6.73 - 6.84 W.S. WEST 5.01 - 5.15 12.21 - 12.36 6.88 - 7.01 L. EGYPT 5.12 - 5.20 12.18 - 12.31 6.83 - 6.91 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/mr