Farm Prices

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Springfield, IL Thu Jul 3, 2008 USDA-IL Dept of Ag Market News

***THIS REPORT WILL NOT BE ISSUED JULY 4, 2008 IN OBSERVANCE OF THE HOLIDAY***

Illinois Grain Prices at Country Elevators

This is Thursday'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 Thursday afternoon. The extended weather forecast, featuring better growing conditions for the cornbelt, helped to push corn prices lower. Strong weekly export sales figures for wheat and soybeans helped to support a higher price for both grains.

In Northern and Western Illinois country grain dealers quoted shelled corn bids were 3 to 4 cents lower at 6.72-6.91. Soybean bids were 10 to 11 cents higher at 15.78-16.00.

In Central Illinois country grain dealers quoted shelled corn bids were steady at 6.95-7.11. Soybean bids were 2 to 6 cents higher at 16.10-16.27.

In the Southern part of the state, shelled corn bids were mixed at 6.89-7.18. Soybean bids were 12 to 13 cents higher at 15.95-16.20. Wheat bids were mostly 8 cents higher at 6.25-6.58. Milo bids were 3 to 6 cents lower at 5.88-6.36.

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    6.84 - 6.91  15.78 - 15.81   -----------      -----------  
WESTERN     6.72 - 6.81  15.90 - 16.00   -----------      -----------  
N. CENTRAL  6.95 - 7.06  16.10 - 16.20   -----------      -----------  
S. CENTRAL  7.00 - 7.11  16.19 - 16.27   7.27 - 7.33      -----------  
WABASH      7.06 - 7.18  16.08 - 16.13   6.39 - 6.58     -----------
W.S. WEST   6.89 - 6.98  15.95 - 16.02   6.25 - 6.41     5.88 - 5.86
L. EGYPT    7.03 - 7.12  16.08 - 16.20   6.43 - 6.45     6.35 - 6.36 

Central Illinois average price  Corn      7.03      (-43     U)
                                Soybeans 16.18 1/2  (-30 1/2 Q)

                    CONTRACT BIDS FOR NEW CROP DELIVERY

AREA           CORN        SOYBEANS     **SOFT WHEAT**     SORGHUM

NORTHERN    6.94 - 7.05   14.96 - 15.06  -----------     -----------  
WESTERN     6.85 - 6.97   14.99 - 15.14  -----------     -----------  
N. CENTRAL  7.04 - 7.21   15.30 - 15.42  -----------     -----------  
S. CENTRAL  7.14 - 7.29   15.30 - 15.41  -----------     -----------  
WABASH      7.12 - 7.23   15.19 - 15.31  6.97 - 7.11     -----------  
W.S. WEST   7.19 - 7.23   15.16 - 15.31  6.87 - 7.13     -----------
L. EGYPT    7.02 - 7.20   15.26 - 15.31  6.97 - 7.02     -----------
**January 09 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 


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Springfield, IL Wed Jul 2, 2008 USDA-IL Ag. Market News
Greenville Livestock Auction Inc. Greenville, IL.

Weighted Average Report for 07/02/2008 Receipts: 507 Last Week: 864 Compared to last week, slaughter steers and heifers traded 2.50 higher. Good demand for return to feedlot cattle was noted. Slaughte

ed. Slaughter
Holstein steers traded steady. Slaughter cows traded steady. Slaughter
bulls traded steady. Feeder cattle were mostly 4.00 to 5.00 lower. 
Slaughter steers made up 37 percent of the run; Slaughter heifers 
20 percent; Slaughter Holstein steers 10 percent; Slaughter cows 10 
percent; Slaughter bulls 3 percent; and feeder cattle 20 percent. 
Steers made up 36 percent of the feeder run; Holstein steers 29 
percent; heifers 30 percent; and bulls 5 percent. Feeders over 600 
lbs  19 percent.

                   Slaughter Steers Choice 2-3
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3   1000-1080   1052     94.00-94.25       94.16
   46   1100-1295   1226     94.00-97.25       95.60
   52   1300-1480   1369     94.00-98.00       96.09
    1     1430      1430       100.00         100.00   High Dressing

              Slaughter Steers Select and Choice 2-3
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3   1030-1095   1073     91.00-92.75       91.68
   10   1120-1250   1189     90.00-93.50       92.46
    8   1300-1480   1403     90.00-92.75       90.80
    2   1515-1530   1522     87.00-90.00       88.51

                   Slaughter Steers Select 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   12    920-980     933     89.00-92.00       91.58   Return to Feed
    3   1000-1070   1025     87.00-91.00       89.61   Return to Feed

              Slaughter Holstein Steers Choice 2-3
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   15   1310-1475   1391     83.00-85.00       83.80
    2   1510-1580   1545     84.00-85.00       84.49
    1     1500      1500        90.00          90.00   High Dressing

         Slaughter Holstein Steers Select and Choice 2-3
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    7   1240-1295   1262     80.00-82.00       80.96
    7   1315-1420   1361     82.50-83.00       82.93
    2     1650      1650     80.00-82.25       81.12

              Slaughter Holstein Steers Select 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2   1330-1370   1350     75.00-75.50       75.25

                  Slaughter Heifers Choice 2-3
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2    945-985     965     94.25-95.00       94.63
   10   1010-1195   1118     94.00-96.25       94.91
   13   1205-1365   1255     94.00-97.00       94.92

                  Slaughter Heifers Choice 3-4
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1     1045      1045        92.00          92.00
    2   1305-1340   1322     92.00-94.00       93.01

             Slaughter Heifers Select and Choice 2-3
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   11   1030-1190   1102     88.25-93.50       90.93
    2   1210-1325   1268        93.00          93.00

                  Slaughter Heifers Select 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   34    845-970     926     85.00-90.10       89.95   Return to Feed

                  Slaughter Cows Breaker 75-80%
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3   1375-1560   1465     55.00-58.50       56.91

                   Slaughter Cows Boner 80-85%
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    6   1225-1560   1417     58.00-63.00       61.05
    4   1305-1460   1395     63.50-66.00       64.71   High Dressing
    2   1600-1650   1625     58.00-59.50       58.76
    1     1825      1825        55.00          55.00   Low Dressing

                    Slaughter Cows Lean 85-90%
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    5   1030-1175   1103     54.50-57.00       55.81
    3   1105-1170   1130     49.00-52.00       50.31   Low Dressing
    6   1200-1485   1360     55.50-60.00       56.69
    5   1320-1490   1412     50.50-52.00       50.99   Low Dressing
    3   1605-1705   1650     55.00-58.00       56.14

                     Slaughter Bulls  Y.G. 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1      995       995        62.50          62.50   Low Dressing
    5   1115-1495   1243     66.00-70.50       68.01
    2   1035-1180   1108     57.50-60.50       58.90   High Dressing
    1     1070      1070        59.00          59.00   Low Dressing
    4   1500-1850   1651     63.50-70.50       67.00
    1     1960      1960        75.00          75.00   High Dressing

                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2      560       560       106.00         106.00
    3    620-625     623     90.00-95.00       93.34
    2    855-860     858     80.00-82.00       81.00
    2    910-940     925     80.00-81.00       80.49

                Feeder Steers Medium and Large 2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2      318       318       105.00         105.00   Value Added
    2    360-395     378     85.00-89.00       86.91
    5    427-445     434     91.00-96.00       93.05   Value Added
    2    520-530     525     80.00-85.00       82.52
    4      580       580     92.00-96.00       94.00
    3    656-695     669     80.00-80.50       80.33

                  Feeder Holstein Steers Large 3
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    5    260-290     279     65.00-70.00       66.00
    3    338-345     340     65.00-72.00       67.37
    4    355-370     361     60.00-65.00       62.49
    7    420-446     435     67.00-69.00       67.83   Value Added
    2      450       450        66.00          66.00

                Feeder Heifers Medium and Large 2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3      385       385        95.00          95.00
    2    415-445     430     83.00-86.00       84.55
    3    420-430     423     96.00-98.00       97.32   Value Added
    2    520-535     528     88.00-92.00       89.97   Value Added
    2      900       900        70.00          70.00   Fleshy

                 Feeder Holstein Heifers Large 3
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3    200-230     215     60.00-70.00       63.81
    4    255-285     275     59.00-60.00       59.74
    3    305-325     313     62.00-65.00       63.30

                 Feeder Bulls Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2    360-380     370    100.00-101.00     100.49

                 Feeder Bulls Medium and Large 2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2      635       635        75.00          75.00


Source:  Livestock and Grain Market News, Springfield IL
         Van Cruit
         phone: 217-782-4925 or toll free in IL 888-458-4787
         www.ams.usda.gov/mnreports/GX_LS140.txt
 
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2007 Crop Commodity Loan Program Information
BOND COUNTY FSA OFFICE , IL
Effective Date: 07/03/2008

Commodity  $/Unit   Loan Rate PCP LDP Rate
Barley     $/Bushel 1.66 4.92 0.0
Canola     $/Cwt. 8.27 26.72 0.0
Corn     $/Bushel 1.98 7.05 0.0
Crambe     $/Cwt. 7.19 24.75 0.0
Flaxseed     $/Cwt. 9.07 32.24 0.0
Grain Sorghum     $/Cwt. 3.45 11.67 0.0
Mustard Seed     $/Cwt. 8.1 62.04 0.0
Oats     $/Bushel 1.37 3.9 0.0
Rapeseed     $/Cwt. 7.14 24.04 0.0
Safflower     $/Cwt. 7.32 23.04 0.0
Soybeans     $/Bushel 5.11 15.93 0.0
Sunflowerseed - Oil Type     $/Cwt. 8.0 27.31 0.0
Sunflowerseed - Other Type     $/Cwt. 8.0 27.31 0.0
Wheat - Soft Red Winter     $/Bushel 2.65 6.61 0.0


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