Illinois River Barge Terminals Bids

SPRINGFIELD - Dec 9/03 - 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 (cents/bu)         Basis             Change
     Cash Price                 South of Peoria
Corn    2.4775-2.5275 UP 0.75 to UP 3.25  :-2     H to +3     H  mixed
Soybean 7.8800-7.9100 UP 18.25            :+1     F to +4     F  up 2
Wheat             ERR     ERR             :       U to        U
Contract Bids for March delivery          :
Corn    2.4775-2.5325 UP 1.75             :-2     H to + 3 1/2H  unch
Soybean 7.8650-7.9000 UP 15.00            :-1     H to + 2 1/2H  unch
*Wheat  3.4800-3.5850 DN 4.25             :-25    N to -14 1/2N  unch
 
     Cash Price                 North of Peoria
Corn    2.4875-2.5075 UP 2.75             :-1     H to +1     H  up 1
Soybean 7.8600-7.8900 UP 18.25            :-1     F to +2     F  up 2
Wheat             ERR     ERR             :       U to        U
Contract Bids for March delivery          :
Corn    2.4975-2.5075 UP 1.75 to UP 0.75  :opt    H to +1     H  unch to dn 1
Soybean 7.8700-7.8950 UP 16.50 to UP 18.00:-1/2   H to +2     H  up 1 to 2
*Wheat  3.5650-3.5800 DN 4.25 to DN 3.75  :-16 1/2N to -15 1/2N  unch
*wheat bids for June/July delivery

Illinois River grain barge loadings for the week ending Nov 22,2003 
(thousand tons) 
               corn  wheat  soybeans  other   total 
this week       369   11       14       3      398 
last week       223    7       25       5      258         
last year       288    3       76       0      367  

Crop marketing year to date: 
                   corn   wheat   soybeans 
this week          2185    152       518  

Spot barge freight rate today: 210-212                       
                    last week: 185-190
                    last year: 180-185
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 

Chicago Board of Trade month symbols: F January, H March, K May, N July,
Q August, U September, V October, X November, Z December
 
Source: USDA-Illinois Dept of Ag Market News Springfield, Il. 217-782-4925

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STAT News Service

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