GX_GR113
Springfield, IL    Tue Feb 9, 2010    USDA-IL Dept of Ag Market News

Illinois Grain Prices at Country Elevators

This is Tuesday's report of the grain prices and trends prepared by the USDA 
and the Illinois Department of Agriculture.
  
Illinois country grain prices were mixed on Tuesday afternoon. Tuesday's 
prices were influenced by the release of the USDA's Crop Production and 
Supply Demand reports. The USDA forecasted the 2009/10 corn ending stocks at 
1.719 billion bushels compared to 1.764 billion bushels last month. The 
soybean stocks figure totaled 210 million bushels which was down from 245 
million bushels in January.

In Northern and Western Illinois country grain dealers quoted shelled 
corn bids were 2 to 6 cents higher at 3.18-3.37. Soybean bids were mixed at 
8.88-9.13.

In Central Illinois country grain dealers quoted shelled corn bids were 
2 to 4 cents higher at 3.23-3.40. Soybean bids were 1 to 5 cents lower at 
8.98-9.15.
	
In the Southern part of the state, shelled corn bids were 2 to 5 cents 
higher at 3.33-3.49. Soybean bids were 3 to 5 cents lower at 9.05-9.24. 
Wheat bids were 1 to 2 cents lower at 3.39-3.82. Milo bids were mixed at 
3.25-3.69.

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  US 2 SORGHUM
NORTHERN    3.18 - 3.27   8.88 -  8.96   -----------     -----------  
WESTERN     3.27 - 3.37   9.04 -  9.13   -----------     -----------  
N. CENTRAL  3.23 - 3.33   8.98 -  9.03   -----------     -----------  
S. CENTRAL  3.35 - 3.40   9.05 -  9.15   -----------     -----------  
WABASH      3.33 - 3.43   9.05 -  9.15   3.55 - 3.82     3.23 - 3.69
W.S. WEST   3.40 - 3.45   9.14 -  9.24   3.39 - 3.58     3.25 - 3.26
L. EGYPT    3.39 - 3.49   9.09 -  9.18   3.42 - 3.82     3.68 - 3.69

Central Illinois average price   Corn       3.31 1/2   (- 27     H)
                                 Soybeans   9.06 1/2   (- 18     H) 

                      CONTRACT BIDS FOR NEW CROP DELIVERY

 AREA          CORN         SOYBEANS   **SOFT WHEAT**      SORGHUM
NORTHERN    3.43 - 3.51   8.57 -  8.62   -----------     -----------  
WESTERN     3.38 - 3.47   8.51 -  8.57   -----------     -----------  
N. CENTRAL  3.48 - 3.53   8.62 -  8.73   -----------     -----------  
S. CENTRAL  3.49 - 3.61   8.65 -  8.73   -----------     -----------  
WABASH      3.54 - 3.66   8.62 -  8.73   4.45 - 4.55     -----------
W.S. WEST   3.47 - 3.58   8.60 -  8.75   4.50 - 4.64     -----------
L. EGYPT    3.56 - 3.67   8.63 -  8.78   4.45 - 4.64     -----------

**June/July delivery

Source: USDA-Illinois Dept of Ag Market News Springfield, IL
        Phone:  217-782-4925   In state only toll free 888-458-4787
        www.ams.usda.gov/LSMarketNews

15:44 C   jm/gw
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