Springfield, IL Wed Mar 10, 2010 USDA-IL Dept of Ag Market News
Illinois Grain Prices at Country Elevators
This is Wednesday'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 Wednesday afternoon, with
soybeans higher and corn and wheat lower. Soybean values were given a
boost from the USDA's Supply Demand report. The 2009-2010 carryout
figure was lowered to 190 million bushels. In the same report, the
USDA estimated the Brazilian soybean crop at 67 million metric tonnes,
compared to 66 mmt last month. The soybean forecast for Argentina was
unchanged at 53 mmt.
In Northern and Western Illinois country grain dealers quoted shelled
corn bids were 2 to 3 cents lower at 3.21-3.33. Soybean bids were 10
cents higher at 9.24-9.39.
In Central Illinois country grain dealers quoted shelled corn bids
were 2 to 3 cents lower at 3.30-3.42. Soybean bids were mostly 7 to
10 cents higher at 9.22-9.37.
In the Southern part of the state, shelled corn bids were 3 cents
lower at 3.36-3.48. Soybean bids were 8 to 9 cents higher at 9.41-9.50.
Wheat bids were 8 to 9 cents lower at 3.65-3.84. Milo bids were 3 to 4
cents lower at 3.11-3.65.
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 3.21 - 3.27 9.24 - 9.30 ----------- -----------
WESTERN 3.27 - 3.33 9.30 - 9.39 ----------- -----------
N. CENTRAL 3.30 - 3.38 9.22 - 9.36 ----------- -----------
S. CENTRAL 3.34 - 3.42 9.28 - 9.37 ----------- -----------
WABASH 3.39 - 3.45 9.43 - 9.48 3.65 - 3.82 3.46 - 3.65
W.S. WEST 3.36 - 3.41 9.41 - 9.50 3.68 - 3.84 3.11 - 3.27
L. EGYPT 3.44 - 3.48 9.43 - 9.49 3.81 - 3.82 3.64 - 3.65
Central Illinois average price Corn 3.36 (- 29 1/2 K)
Soybeans 9.29 1/2 (- 28 1/2 K)
CONTRACT BIDS FOR NEW CROP DELIVERY
AREA CORN SOYBEANS **SOFT WHEAT** SORGHUM
NORTHERN 3.47 - 3.52 8.84 - 8.85 ----------- -----------
WESTERN 3.41 - 3.49 8.76 - 8.87 ----------- -----------
N. CENTRAL 3.50 - 3.57 8.87 - 8.95 ----------- -----------
S. CENTRAL 3.51 - 3.62 8.87 - 8.97 ----------- -----------
WABASH 3.60 - 3.67 8.87 - 8.97 4.35 - 4.47 -----------
W.S. WEST 3.55 - 3.57 8.87 - 8.97 4.35 - 4.52 -----------
L. EGYPT 3.61 - 3.70 8.89 - 9.00 4.35 - 4.50 -----------
**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
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Springfield, IL Wed Mar 10, 2010 USDA-IL Dept of Ag Market News Service
Greenville Livestock Auction, Inc at Greenville, IL Wed Mar 10, 2010
Opening Report
Estimated Receipts: 704
Compared to last week, slaughter steers and heifers are trading steady to .50
higher. Slaughter Holstein steers not tested early.
Slaughter Steers: Choice 2-3: 1100-1500 lbs 86.00-90.00.
Select and Choice 2-3: 1100-1500 lbs 82.00-85.50.
Slaughter Holstein Steers: Choice 2-3: 1100-1650 lbs not tested.
Slaughter Heifers: Choice 2-3: 1000-1400 lbs 85.50-90.00.
Select and Choice 2-3: 1000-1400 lbs 81.00-85.50.
Source: USDA and IL Dept of Ag Market News, Springfield IL
Kim Harmon OIC Van Cruit 217-782-4925
phone: in-state only toll free 888-458-4787
www.ams.usda.gov/LSMarketNews
1110cst vc/gw
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Source: USDA and IL Dept of Ag Market News, Springfield IL
Kim Harmon OIC Van Cruit 217-782-4925
phone: in-state only toll free 888-458-4787
www.ams.usda.gov/
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