GX_GR113 Springfield, IL Mon Feb 13, 2012 USDA-IL Dept of Ag Market News Illinois Grain Prices in Country Elevators This is Monday'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 Monday afternoon. A rally in the soybean market helped with increases in both corn and wheat prices today. In Northern and Western Illinois country grain dealers quoted shelled corn bids 7 to 11 cents higher at 6.22-6.33. Soybean bids were 21 to 24 cents higher at 12.23-12.32. In Central Illinois country grain dealers quoted shelled corn bids were 7 to 11 cents higher at 6.33-6.47. Soybean bids were mostly 22 to 24 cents higher at 12.28-12.42. In the Southern part of the state, shelled corn bids were 7 to 10 cents higher at 6.40-6.60. Soybean bids were mostly 22 to 24 cents higher at 12.37-12.55. Wheat bids were 9 to 11 cents higher at 6.24-6.48. 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 6.23 - 6.26 12.23 - 12.27 ----------- WESTERN 6.22 - 6.33 12.24 - 12.32 ----------- N. CENTRAL 6.33 - 6.39 12.28 - 12.32 ----------- S. CENTRAL 6.42 - 6.47 12.33 - 12.42 ----------- WABASH 6.45 - 6.56 12.37 - 12.44 6.24 - 6.41 W.S. WEST 6.40 - 6.44 12.40 - 12.52 6.27 - 6.48 L. EGYPT 6.50 - 6.60 12.44 - 12.55 6.30 - 6.46 Central Illinois average price Corn 6.40 (+ 1/2 H) Soybeans 12.35 (-17 H) CONTRACT BIDS FOR NEW CROP 2012 DELIVERY AREA CORN SOYBEANS ***SOFT WHEAT*** NORTHERN 5.21 - 5.32 12.13 - 12.19 ----------- WESTERN 5.24 - 5.31 12.12 - 12.27 ----------- N. CENTRAL 5.26 - 5.37 12.19 - 12.29 ----------- S. CENTRAL 5.29 - 5.40 12.19 - 12.29 ----------- WABASH 5.37 - 5.47 12.17 - 12.29 6.17 - 6.27 W.S. WEST 5.36 - 5.44 12.21 - 12.30 6.32 - 6.39 L. EGYPT 5.47 - 5.49 12.17 - 12.21 6.17 - 6.33 ***June/July 2012 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 .