GX_GR113
Springfield, IL    Tue Mar 17, 2009    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, with
soybeans and wheat higher and corn slightly lower. Higher soybean prices
were supported by good export interest, with wheat prices moving up on
dry weather concerns in Texas, Oklahoma, and Kansas. Cash grain
movement slowed down on Tuesday with basis mostly steady for soybeans
and steady to weak for corn.

In Northern and Western Illinois country grain dealers quoted shelled
corn bids 1 cent lower at 3.60-3.70. Soybean bids were 3 to 4 cents
higher at 8.97-9.13.

In Central Illinois country grain dealers quoted shelled corn bids
were mixed at 3.65-3.73. Soybean bids were mostly 2 cents higher
at 8.94-9.10.

In the Southern part of the state, shelled corn bids were 1 to 3 cents
lower at 3.63-3.82. Soybean bids were steady to 1 cent higher at 9.01-9.15.
Wheat bids were 4 to 9 cents higher at 4.50-4.73. Milo bids were 1 cent
lower at 2.98-3.36.

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    3.61 - 3.70   8.97 - 9.03    

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WESTERN     3.60 - 3.67   9.02 - 9.13    

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N. CENTRAL  3.65 - 3.70   8.94 - 9.05    

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S. CENTRAL  3.65 - 3.73   9.01 - 9.10    

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WABASH      3.75 - 3.82   9.03 - 9.10    4.60 - 4.72     3.31 - 3.36
W.S. WEST   3.63 - 3.70   9.01 - 9.09    4.50 - 4.59     2.98 - 3.05
L. EGYPT    3.74 - 3.78   9.06 - 9.15    4.66 - 4.73     

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Central Illinois average price  Corn      3.69       (-21 1/2 K)
                                Soybeans  9.02       (-11     K)

                    CONTRACT BIDS FOR NEW CROP DELIVERY

AREA           CORN        SOYBEANS       SOFT WHEAT       SORGHUM
NORTHERN    3.66 - 3.75    7.91 - 8.04   

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WESTERN     3.58 - 3.66    8.00 - 8.09   

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N. CENTRAL  3.71 - 3.79    8.00 - 8.10   

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S. CENTRAL  3.66 - 3.83    8.01 - 8.12   4.29 - 4.38    

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WABASH      3.73 - 3.81    7.96 - 8.06   4.71 - 4.80    

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W.S. WEST   3.56 - 3.67    7.76 - 7.86   4.75 - 4.80    

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L. EGYPT    3.72 - 3.83    7.96 - 8.09   4.75 - 4.88    

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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