GX_GR113
Springfield, IL    Mon Jul 6, 2009    USDA-IL Dept of Ag Market News

Illinois Grain Prices at 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 lower on Monday afternoon. Good
growing conditions across the corn and soybean areas, the weak stock
market, and the stronger US dollar combined to push prices lower. The
weekly export inspections released today showed corn below trade
estimates while soybeans were at the upper end of trade estimates.

In Northern and Western Illinois country grain dealers quoted shelled corn
bids 6 to 8 cents lower at 3.17-3.29. Soybean bids were down 35 to 46 cents
at 11.74-11.92.

In Central Illinois country grain dealers quoted shelled corn bids were
3 to 11 cents lower at 3.12-3.30. Soybean bids were 35 to 46 cents lower
at 11.28-11.98.

In the Southern part of the state, shelled corn bids were mostly 7 to 11
cents lower at 3.23-3.45. Soybean bids were 35 to 50 cents lower at
11.48-11.87. Wheat bids were 9 to 10 cents lower at 3.70-3.99. Milo bids
were down 11 to 17 cents at 2.46-2.61.

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    3.17 - 3.26  11.74 - 11.86   

---     

---
WESTERN     3.20 - 3.29  11.83 - 11.92   

---     

---
N. CENTRAL  3.12 - 3.26  11.93 - 11.98   

---     

---
S. CENTRAL  3.23 - 3.30  11.28 - 11.33   4.08 - 4.16     

---
WABASH      3.32 - 3.41  11.48 - 11.63   3.70 - 3.75     2.55 - 2.57
W.S. WEST   3.23 - 3.35  11.74 - 11.84   3.88 - 3.99     2.46 - 2.61
L. EGYPT    3.34 - 3.45  11.77 - 11.87   3.74 - 3.80     

---

Central Illinois average price  Corn       3.21       (-14     U)
                                Soybeans  11.63       (+44 1/2 Q)

                    CONTRACT BIDS FOR NEW CROP DELIVERY

AREA           CORN        SOYBEANS     **SOFT WHEAT**     SORGHUM
NORTHERN    2.96 - 3.06    9.15 - 9.23   

---    

---
WESTERN     2.99 - 3.08    9.20 - 9.30   

---    

---
N. CENTRAL  3.00 - 3.10    9.18 - 9.23   

---    

---
S. CENTRAL  3.08 - 3.14    9.27 - 9.33   

---    

---
WABASH      3.14 - 3.20    9.28 - 9.33   

---    

---
W.S. WEST   2.93 - 3.00    9.22 - 9.32   

---    

---
L. EGYPT    3.14 - 3.18    9.26 - 9.33   

---    

---

**January 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


.