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Illinois River Barge Terminals Bids
SPRINGFIELD - Jul 10/12 - SNS -- Producer bids and basis levels for corn, soybean and wheat delivered to barge basis points in the Illinois.
Illinois River Barge Terminals Producer Bids/Basis
Bids ($/bu) Change (¢/bu) Basis Change
Cash Price South of Peoria
Corn 7.6350-7.6850 DN 16.5-DN 17.5 45U to 50U DN 3-DN 4
Soybeans 16.4550-16.5350 DN 11.25-DN 16.25 55Q to 63Q UP 5-UNCH
Wheat 7.8125-7.9125 UP 3-DN 7 -40U to -30U UP 10-UNCH
Contract Bids for New Crop 2012 Delivery
Corn 7.0250-7.0750 DN 13.5-DN 10.5 -15Z to -10Z DN 1-UP 2
Soybeans 15.3650-15.4350 DN 10.25 -2X to 5X DN 1
* Wheat NA NA NA NA
Cash Price North of Peoria
Corn 7.6000-7.6350 DN 15-DN 18.5 41.5U to 45U DN 1.5-DN 5
Soybeans 16.4750-16.5050 DN 13.25-DN 18.25 57Q to 60Q UP 3-DN 2
Wheat 7.7825-7.9125 DN 20-DN 10 -43U to -30U DN 13-DN 3
Contract Bids for New Crop 2012 Delivery
Corn 6.9650-7.0250 DN 12.5-DN 9.5 -21Z to -15Z UNCH-UP 3
Soybeans 15.3250-15.3550 DN 9.25-DN 10.25 -6X to -3X UNCH-DN 1
* Wheat NA NA NA NA
* Wheat bids for June/July 2012 delivery
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
Illinois River grain barge loadings for week ending June 16, 2012
(thousand tons)
corn wheat soybeans other total
this week 61 0 51 0 112
last week 113 6 20 0 139
last year 89 0 22 0 111
Crop marketing year to date:
corn wheat soybeans
5920 15 2085
Spot Barge freight rate today: 355-360
last week: 300-325
last year: 435-450
Percent of tariff established at $4.81/ton from Peoria to New Orleans Crop
marketing year begins June 1 for wheat; September 1 for corn, sorghum, and
soybeans. Source for the grain barge loadings: U.S. Army Corps of Engineers
Source: USDA-IL Dept of Ag Market News Service, Springfield, IL
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STAT News Service
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