GX_GR110
Springfield, IL    Fri, Jul 24, 2020    USDA-IL Dept of Ag Market News

NOTICE:  As Market News transitions Grain reports to the MARS platform and My Market News, report formats will be converted from a text version to a more user-friendly and accessible PDF format. In the next few weeks, this report will move to the new platform and will be accessible at: https://www.ams.usda.gov/mnreports/AMS_3192.pdf . If you would like to learn more about MARS and My Market News, please contact us at Websupport.lpgmn@ams.usda.gov.  Modifications will be made to reports currently showing multiple “Market Types”  (POS Grain and POS Feedstuffs) to accommodate until the POS Feedstuffs moves to MARS.

Chicago Terminal Grain Report

To Arrive Truck and Rail Bids for Grain Delivered to Chicago.  The
following quotations represent Bids ($/ bu) from Terminal Elevators,
Processors, Mills, and Merchandisers after 1:30 p.m. today.

Grain          Bids        Delivery        Change           Basis       Change

SRW Wheat  5.2950-5.4450   30 Days          UP 10        -10U to 5U      UNCH

Soybeans   8.8875-9.0975     Spot          DN 1.5        -16Q to 5Q      UNCH
Soybeans   8.8675-9.0975  15-30 Days    DN 7.5-DN 1.5    -18Q to 5Q   DN 6-UNCH

Terminal Elevator Bids
Corn       3.0125-3.1225     Spot          DN 1.75      -25U to -14U     UNCH
Corn       3.0125-3.1225  15-30 Days       DN 1.75      -25U to -14U     UNCH

Processor Bids
Corn       3.3325-3.4125     Spot          DN 1.75        7U to 15U      UNCH
Corn       3.3325-3.4125  15-30 Days   UP 0.25-DN 1.75    7U to 15U   UP 2-UNCH

Changes are cents per bushel.  Spot = up to 15 days
Soybeans = US 1 Yellow; Corn = US 2 Yellow

Chicago Board of Trade month symbols: F January, G February, H March, J April,
K May, M June, N July, Q August, U September, V October, X November, Z December
---------------------------------------------------------------------------------
Monthly Prices for: June 2020

SRW Wheat                      5.0855
Processor Corn (Spot)          3.3659
Terminal Corn (Spot)           3.0902
Soybeans (Spot)                8.5959

Source: USDA-IL Dept of Ag Market News Service, Springfield, IL
        David Humphreys  217-782-4925  SpringField.LPGMN@ams.usda.gov
        In state only toll free 888-458-4787
        www.ams.usda.gov/mnreports/gx_gr110.txt
        www.ams.usda.gov/LPSMarketNewsPage

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