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Illinois River Barge Terminals BidsSPRINGFIELD - Aug 31/07 - SNS -- Producer bids and basis levels for corn, soybean and wheat delivered to barge basis points in the Illinois.
***THIS REPORT WILL NOT BE ISSUED ON MONDAY SEPTEMBER 3, 2007 IN
OBSERVANCE OF THE HOLIDAY.***
Illinois River Barge Terminals Producer Bids/Basis
Bids ($/bu) Change (¢/bu) Basis Change
Cash Price South of Peoria
Corn 2.8750-2.9500 UP 7.75-UP 7.25 -36.5U to -29U UP 6.5 to UP 6
Soybeans 7.9100-7.9450 UP 1-DN 0.5 -91.5X to -88X UP 3.5 to UP 2
Wheat 0.0000 UNCH #N/A #N/A
Contract Bids for New Crop Delivery
Corn 3.0200-3.0800 UP 6.25-UP 3.25 -38Z to -32Z UP 6 to UP 3
Soybeans 8.1250-8.1900 UP 2-UP 3 -70X to -63.5X UP 4.5 to UP 5.5
* Wheat 5.0000-5.0800 DN 10-DN 9 -101N to -93N DN 1 to UNCH
Cash Price North of Peoria
Corn 2.8200-2.8500 UP 6.25-UP 4.25 -42U to -39U UP 5 to UP 3
Soybeans 7.8700-7.9600 DN 2-DN 3 -95.5X to -86.5X UP 0.5 to DN 0.5
Wheat 0.0000 UNCH #N/A #N/A
Contract Bids for New Crop Delivery
Corn 2.9600-2.9900 UP 2.75-UP 2.25 -44Z to -41Z UP 2.5 to UP 2
Soybeans 8.0650-8.1000 UP 0.5-UP 1 -76X to -72.5X UP 3 to UP 3.5
* Wheat 5.1000-5.1200 DN 11-DN 17 -91N to -89N DN 2 to DN 8
* Wheat bids for June/July delivery
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
--- STAT News Service
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