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LONDON, Nov 13, 2017 (PR Newswire Europe via COMTEX) -- CME Group [http://www.cmegroup.com/], the world's leading and most diverse derivatives marketplace, today announced the launch of Black Sea Wheat FOB (Platts) and Black Sea Corn FOB (Platts) financially settled futures contracts, to begin trading on December 18, 2017, pending all relevant regulatory review periods.
The financially settled contracts will each be offered with two settlement periods, providing greater customer flexibility, whereby 12 whole-month contracts and 24 half-month futures contracts are available to trade. The contracts will be denominated in U.S. dollars, 50 metric tonnes in size, and available to trade as blocks subject to a minimum of 5 contracts.
"The Black Sea region is a major player in the global wheat and corn trade, and is expected to export over 50 million tonnes of wheat and 25 million tonnes of corn this crop year alone," said Tim Andriesen, Managing Director, Agricultural Products, CME Group. "The launch of these two new futures contracts reflects customer demand for cleared products which track the Black Sea cash markets and allow customers to manage price exposure to the Black Sea wheat and corn markets."
The Black Sea Wheat contract is based on the Platts Russian Wheat 12.5% FOB Black Sea Deep Water daily price assessment and the Black Sea Corn contract is based on the Platts Ukrainian Corn FOB Black Sea daily price assessment.
"We are pleased that CME Group recognizes the crucial role our independent Black Sea wheat and corn price assessments have played over the past three years in creating price transparency, which in turn provides opportunities for the provision of risk management tools that bring greater efficiency to global grains markets," said Ian Dudden, Global Content Director, Agriculture at S&P Global Platts.
The two new futures contracts will be available for trading on CME Globex or for submission for clearing through CME ClearPort, and will be listed with and subject to the rules and regulation of CBOT.
The new Black Sea Wheat and Black Sea Corn futures contracts complement CME Group's existing suite of global wheat benchmarks, including Australian FOB wheat, Euro-denominated EU Wheat, Soft Red Winter Wheat, and Hard Red Winter Wheat and futures contracts. For more information on CME Group's new Black Sea futures contracts products, please visit: www.cmegroup.com/blacksea [http://www.cmegroup.com/blacksea].
As the world's leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com [http://www.cmegroup.com/]) is where the world comes to manage risk. Through its exchanges, CME Group offers the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates [http://www.cmegroup.com/trading/interest-rates/], equity indexes [http://www.cmegroup.com/trading/equity-index/], foreign exchange [http://www.cmegroup.com/trading/fx/],energy [http://www.cmegroup.com/trading/energy/], agricultural products [http://www.cmegroup.com/trading/agricultural/] and metals [http://www.cmegroup.com/trading/metals/]. CME Group provides electronic trading globally on its CME Globex [http://www.cmegroup.com/globex/] platform. The company also offers clearing and settlement services across asset classes for exchange-traded and over-the-counter derivatives through CME Clearing [http://www.cmegroup.com/clearing.html]. CME Group's products and services ensure that businesses around the world can effectively manage risk and achieve growth.
CME Group, the Globe Logo, CME, Chicago Mercantile Exchange, CME Direct and Globex are registered trademarks of Chicago Mercantile Exchange Inc. All other trademarks are the property of their respective owners.
CME-G
CONTACT: Media Contacts: Felicity Press +44.203.379.3386, Chris Grams + 1312 930 3435, 
news@cmegroup.com, www.cmegroup.com/media-room.html; Investor Contact: John Peschier, 
+1 312.930.8491 
Web site: http://www.cmegroup.com/
Copyright (C) 2017 PR Newswire Europe


FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT Wednesday 11/08/2017 02:56:00 PM GMT Tweet

11-08 22:54: FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, November 8
Exchange rate was 1.2727 down 0.0057
Chicago soybeans closed slightly higher.

       JAN18   HI 9.99  1/2           NOV18    HI 10.08  3/4
              LOW 9.94  3/4                   LOW 10.03  3/4
             CLOSE9.98  1/2  Up 2 1/2       CLOSE 10.08  1/4  Up 4

             OLD CROP                             NEW CROP
Location     Basis 1mt  2mt  3mt U.S.  $/bu  $/mt BasisU.S.  $/bu  $/mt
ELEVATORS         +JAN1+JAN1+MAR18
CK Low       1.85                     11.84 434.861.95      12.03 442.12
CK High      2.00                     11.99 440.372.05      12.13 445.79
CK Average   1.91                -0.6411.90 437.131.99 -0.5712.07 443.47
Essex Cty    1.90                     11.89 436.701.90      11.98 440.28
Mdsx Low     1.87                     11.86 435.601.97      12.05 442.85
Mdsx High    1.95                     11.94 438.542.05      12.13 445.79
Mdsx Average 1.91                -0.6411.90 437.072.01 -0.5512.09 444.32
Hensall      1.95                     11.94 438.542.05      12.13 445.79
Bruce        1.90                     11.89 436.702.00      12.08 443.96
Putnam       1.95                     11.94 438.542.00      12.08 443.96
Burford      1.94                     11.93 438.172.04      12.12 445.43
Port Perry   1.84                     11.83 434.491.94      12.02 441.75
Norfolk      1.95                     11.94 438.542.05      12.13 445.79
Palmerston   2.00                     11.99 440.371.95      12.03 442.12
Varna        1.95                     11.94 438.542.05      12.13 445.79
Trenton      1.90                     11.89 436.702.00      12.08 443.96
Winchester   2.00                     11.99 440.372.00      12.08 443.96
North Gower  1.90                     11.89 436.701.85      11.93 438.44
Huron FOB    2.05                     12.04 442.212.15      12.23 449.47
Kent FOB     1.95                     11.94 438.542.00      12.08 443.96
Lambton FOB  1.90                     11.89 436.702.05      12.13 445.79
Middlesex FOB2.03 2.09 2.14 2.17      12.02 441.482.10      12.18 447.63


TRANSFER
Hamilton     2.20  N/A  N/A  N/A      12.19 447.72 N/A
Prescott     2.15                     12.14 445.882.10      12.18 447.63
Sarnia        N/A                                  N/A

Toledo El.   -0.57                     9.41 345.84-0.38      9.70 356.48


Exchange rate was 1.2727 down 0.0057
Chicago wheat closed slightly lower.
DEC17      HI     4.27  1/2             JUL18   HI      4.70  1/2
           LOW        4.19                      LOW     4.62  1/4
           CLOSE  4.26  3/4  Down  1/2          CLOSE   4.69  1/2  Down 1 1/2

Minni wheat closed slightly to moderately higher.
DEC17      HI         6.49              SEP18   HI      6.44  3/4
           LOW        6.32                      LOW     6.34  3/4
           CLOSE  6.43  1/2  Up 8 3/4           CLOSE   6.44  1/4  Up 3 1/4

GFO Cash Wheat Prices - DEL Terminal
Harvest 17        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 0.78          1.04            0.91          0.61
CAD $/bu              5.05          5.30            5.18          7.04
CAD $/tonne         185.53        194.88          190.21        258.83


Direct MarkHarvest 2017                 Harvest 2018
           DELIVERED BASIS              DELIVERED BASIS
Location   SWW(C) HRW(C)  SRW(C) HRS(M) SWW(C)  HRW(C)  SRW(C) HRS(M)
ELEVATORS
Brgssvll     N/A    N/A    0.90    N/A    N/A     N/A    0.75    N/A
London      0.89    0.95   0.89    N/A    0.94    0.87   0.74    N/A
Hensall     0.90    N/A    0.90    N/A    0.95    N/A    0.75    N/A
Trenton      N/A    N/A     N/A    N/A    N/A     N/A    0.90    N/A
Bruce       0.90    0.90   0.90   0.25    0.95    0.75   0.75   0.35
Essex        N/A    N/A     N/A    N/A    N/A     N/A    0.74    N/A
Norwich     0.90    N/A    0.90    N/A    0.95    N/A    0.75    N/A
Port Hope    N/A    0.90   0.85    N/A    N/A     0.75   0.75    N/A
Kent Bridge 0.90    N/A    0.90    N/A    0.95    N/A    0.75    N/A
Chatham      N/A    N/A    0.90    N/A    N/A     N/A    0.75    N/A
Brigden      N/A    N/A    0.90    N/A    N/A     N/A    0.75    N/A
Palmerston   N/A    0.60   0.85   0.25    N/A     0.65   0.75   0.35
Varna       1.20    0.90   0.90    N/A    0.95    0.75   0.75    N/A
Mitchell    0.90    0.90   0.90    N/A    0.95    0.75   0.75    N/A
Thornton     N/A    N/A     N/A   -0.07   N/A     N/A     N/A    N/A
North Gower  N/A    0.75   0.75   0.50    N/A     0.90   0.90   0.25
W O Feed                   1.46

TERMINAL
Sarnia       N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A
Prescott     N/A    N/A     N/A    N/A    N/A     N/A     N/A    N/A

PROCESSORS
Toledo FM  N/A    N/A        1.35N/A    N/A     N/A        1.26N/A

Toledo El. 4.22US         5.37CA        4.55US          5.77CA

GFO Contract Wheat Prices - DEL Terminal
Harvest 18        Soft White(C)  Hard Red(C)    Soft Red(C)    Red Spring(M)
Basis                 0.88          0.88            0.82          0.34
CAD $/bu              5.58          5.58            5.51          6.78
CAD $/tonne         204.91        204.91          202.58        249.08

(C)-Basis over the Chicago Board of Trade futures
(M)-Basis over the Minneapolis Grain Exchange

FEED GRAINS
FOB Hm Soymeal            456.59
DDG's FOB Srn & Aylm      140.00 - 145.00

Wheat at close 11/08/2017 02:48:00 PM GMT Tweet

closing at 4.262 after hectic trading day, sharply falling during the first trading hours and rebounding, climbing up till the close

U.S. Grain: Wheat Basis Bids - Nov 8 11/08/2017 06:28:00 AM GMT Tweet

   Highest cash basis bids, in cents/bushel, for truck deliveries of No.1 
HRW-11% protein, No. 1 HRS-14% protein, No. 2 SRW or No. 1 SWW wheat. 
Values are figured off comparable wheat futures contracts at the Kansas 
City, Minneapolis and Chicago futures exchanges. Basis Bids are from 
the previous business day. Na denotes not available, unq=unquoted. 
Source: USDA and U.S. cash grain merchants. 
Location                          Nov     Chg      Dec     Chg     Jul     Chg 
HARD RED WINTER 
Kansas City (truck)             -55.0 Z    0.0     unq      na     unq      na 
Hutchinson, KS                  -60.0 Z    0.0     unq      na     unq      na 
Salina, KS                      -55.0 Z    0.0     unq      na     unq      na 
Wichita, KS (processor)           unq       na     unq      na     unq      na 
Dodge City, KS                  -90.0 Z   -3.0     unq      na     unq      na 
Hastings, NE                    -80.0 Z   -3.0     unq      na     unq      na 
Sidney, NE                     -108.0 Z    0.0     unq      na  -115.0 N   0.0 
Lincoln, NE                     -70.0 Z    0.0   -70.0 Z   0.0     unq      na 
Enid, OK                        -68.0 Z    0.0     unq      na     unq      na 
Ponca City, OK                  -83.0 Z    0.0     unq      na     unq      na 
Port of Catoosa, OK             -55.0 Z    0.0     unq      na     unq      na 
Dalhart, TX                     -55.0 Z    0.0     unq      na     unq      na 
Great Falls, MT                  34.0 Z    0.0     unq      na     unq      na 
Texas Gulf CIF                   75.0 Z    0.0     unq      na     unq      na 
Portland, OR CIF                170.0 Z    0.0   170.0 Z   0.0     unq      na 
 
HARD RED SPRING                   Nov              Dec             Jan 
Minneapolis, MN                  10.0 Z    0.0     unq      na     unq      na 
Minneapolis RAIL                150.0 Z    0.0     unq      na     unq      na 
 
Minot, ND                       -70.0 Z    0.0   -70.0 Z   0.0   -75.0 H   0.0 
Finley, ND                      -40.0 Z    0.0   -40.0 Z   0.0     unq      na 
Aberdeen, SD                    -40.0 Z    0.0     unq      na   -45.0 H   0.0 
Billings, MT                      3.0 Z   -2.0     unq      na     unq      na 
Portland, OR CIF                130.0 Z    0.0   135.0 Z   0.0   135.0 H   0.0 
 
SOFT RED WINTER                   Nov              Dec             Jul 
Toledo, OH                       -5.0 Z    0.0     unq      na     unq      na 
Cincinnati, OH                   10.0 Z    0.0     unq      na     unq      na 
Evansville, IN                   -5.0 Z   10.0     unq      na     unq      na 
Chicago, IL                      -9.0 Z    0.0     unq      na     unq      na 
St. Louis, MO                    15.0 Z    5.0     unq      na     unq      na 
Blissfield, MI                  -15.0 Z    0.0     unq      na   -22.0 N   0.0 
Memphis, TN                     -25.0 Z    0.0     unq      na     5.0 N   0.0 
Little Rock, Ark                  unq       na     unq      na   -20.0 N   0.0 
Louisville, KY                  -57.0 Z    0.0     unq      na     unq      na 
Norfolk, VA                       unq       na     unq      na   -15.0 N   0.0 
 
unq = Unquoted 
na = not applicable 
 
FUTURES CONTRACT CHART; 
January-F; February-G; March-H, April-J; May-K; June-M; July-N; 
August-Q; September-U; October-V; November-X; December-Z 
 
Write to Valena Henderson at csstat@dowjones.com 
 
  (END) Dow Jones Newswires

  November 08, 2017 07:24 ET (12:24 GMT)
  Copyright (c) 2017 Dow Jones & Company, Inc.

Trading summary for Oct 11/01/2017 04:12:00 AM GMT Tweet

Symbol Action   Qnty Price Exect Date              P/L               Comm   Net P/L
-----------------------------------------------------------------------------------------------------------
       
       
ZW_Z Sell to open 2 423,4 10/30/2017 16:47:12   
ZW_Z Buy to close 2 417,2 11/01/2017 09:20:45   $  310,00   $       6,02   $  303,98 
ZW_Z Sell to open 1 424,2 10/30/2017 16:38:39   
ZW_Z Buy to close 1 417,2 11/01/2017 09:20:45   $  350,00   $       6,02   $  343,98 
       
ZW_Z Sell to open 5 433,4 10/26/2017 16:57:44   
ZW_Z Buy to close 5 432 10/26/2017 17:01:27     $   70,00   $       6,02   $   63,98 
       
ZW_Z Buy to open 1 442,6 10/25/2017 16:19:23   
ZW_Z Sell to close 1 436 10/26/2017 16:13:37    $ -330,00   $       6,02   $ -336,02 
       
ZW_Z Buy to open 1 430 10/23/2017 16:42:35   
ZW_Z Sell to close 1 432 10/23/2017 16:44:15    $  100,00   $       6,02   $   93,98 
       
ZW_Z Sell to open 1 430,4 10/18/2017 17:57:53   
ZW_Z Buy to close 1 429,4 10/18/2017 18:17:51   $   50,00   $       6,02   $   43,98 

Friday close Friday 9/15/2017 04:10:00 PM GMT Tweet

The wheat December 2017 contracts opened at 4.434 and instantly was pushed high. During the day it traded in a tight channel going up with small retreats. After hitting the high of the day at 4.502 the price was pushed lower. Reaching channel's support it renewed it's trend up as to close at 4.482
ZWZ17 Wheat December 2017
Last     Change     Prior Settle     Open     High     Low     Volume     Hi / Low Limit    
448'2     +5'2      443'0            443'4    450'2    440'6   59,266     473'0 / 413'0 

ICE Canola Lower To Start Week Monday 3/27/2017 01:56:00 PM GMT Tweet

ICE Canada canola contracts were lower Monday morning, as declines in the Chicago Board of Trade soy complex weighed on values.
Bearish technical signals contributed to the losses in canola, as last week's sharp declines did damage from a chart standpoint, according to analysts.
A general sense of uncertainty in the outside financial markets to start the week was also spilling into the commodities, including canola.
However, solid end user demand and expectations for tightening canola supplies going forward provided some underlying support. Oversold price sentiment helped limit the losses as well.
About 5,000 canola contracts had traded as of 8:53 CDT.
Milling wheat, durum, and barley futures were all untraded.
Prices in Canadian dollars per metric ton at 8:53 CDT:
                          Price      Change
Canola            May     479.90    dn  2.60
                  Jul     485.70    dn  3.60
                  Nov     477.30    dn  5.30
Milling Wheat     May     231.00    unch
                  Jul     231.00    unch
Durum             May     281.00    unch
                  Jul     280.00    unch
Barley            May     137.00    unch
                  Jul     138.00    unch
Phil Franz-Warkentin, Commodity News Service Canada
Copyright 2017 Commodity News Service Canada, Inc.
Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.
News provided by COMTEX.


Springfield, IL - Fri Mar 17, 2017 - USDA-IL Dept of Ag Market News
 

Illinois Grain Prices in Country Elevators 
  
This is Friday's report of the grain prices and trends prepared by 
the USDA and the Illinois Department of Agriculture.

In Northern and Western Illinois country grain dealers quoted shelled 
corn bids were up 1 to 2 cents. Soybean bids were a penny lower.

In Central Illinois country grain dealers quoted shelled corn bids were 
1 to 2 cents higher. Soybean bids were down 1 to 2 cents.

In the Southern part of the state, shelled corn bids were down 1 to 2 
cents. Soybeans were 1 to 2 cents lower. Wheat bids were steady. 

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   
NORTHERN     3.32 - 3.50    9.30 -  9.56    -----------        
WESTERN      3.36 - 3.44    9.47 -  9.65    -----------        
N. CENTRAL   3.37 - 3.48    9.55 -  9.74    -----------   
S. CENTRAL   3.26 - 3.50    9.55 -  9.70    -----------                    
WABASH       3.49 - 3.63    9.55 -  9.65    3.95 - 4.16
W.S. WEST    3.46 - 3.66    9.63 -  9.74    4.05 - 4.08               
L. EGYPT     3.39 - 3.64    9.59 -  9.64    4.05 - 4.36              
     
Central Illinois average price Corn        3.38 (-29 1/2 K)
                               Soybeans    9.64 1/2 (-35 1/2 K) 
   
          CONTRACT BIDS FOR OCTOBER/NOVEMBER 2017 DELIVERY 
 AREA           CORN         SOYBEANS     **SOFT WHEAT**  
NORTHERN     3.50 - 3.62    9.38 -  9.54   ---------      
WESTERN      3.49 - 3.60    9.45 -  9.58   ---------     
N. CENTRAL   3.55 - 3.60    9.58 -  9.68   ---------     
S. CENTRAL   3.55 - 3.65    9.55 -  9.64   ---------     
WABASH       3.58 - 3.68    9.46 -  9.64   4.20 - 4.37
W.S. WEST    3.52 - 3.65    9.53 -  9.73   4.26 - 4.38             
EGYPT        3.39 - 3.59    9.47 -  9.64   4.06 - 4.37
**Wheat bids are for June-July Delivery 2017**

Source: USDA-IL Dept of Ag Market News, Springfield, IL 
        Phone: 217-782-4925 SpringField.LPGMN@ams.usda.gov
        www.ams.usda.gov/mnreports/GX_GR113.txt 
  
1630 dh

.


The wheat is down last thee days Thursday 3/09/2017 01:34:00 PM GMT Tweet

As discussed many times grains have the tendency to trend rather clearly than securities or indices for instance. This is so there is less liquidity grain futures as well as less high frequency tading involved. Some say that there is even no HFT in grain futures markets which I'm not apt to think but it is a question of different topic.

Having a look at the 3 day ZW_K7 chart the overall down trend could be clearly recognized as well as intraday down trends within each day chart.

This makes the wheat as well as other grains - soybeans and corn very appealing for day trading.  As in old-school days of trading it establishes during the day session very clear and easily recognizable support and resistance lines and trading break-outs is quite rewarding.

The strategy is simple. Once the market opens, you need to wait the first hour at the side lines as to see where the market will point. During the first hour, you need to draw the support and resistance lines and wait for the price to break either way, having in mind that if it breaks with the bigger trend it is stronger. As it shown on the chart  - the bigger trend is downwards. Once the price breaks the resistance line we go short. As soon as the downward move gets exhausted the position is closed. New support and resistance lines are drawn and so on. 

USDA-MS: Minneapolis Basis Report Monday 3/06/2017 02:56:00 PM GMT Tweet

 ***Updated Oats, Corn, & Soybeans***

Minneapolis Daily BASIS Report

Actual wheat receipts on the exchange floor:
Today's were 59 cars which included 1 trains.
Last year's were 26 cars which included 1 trains.

Minneapolis Grain Exchange Daily Grain Prices Delivered Chicago/Beyond: Spot
No. 1 Milling Northern/Dark Northern Spring Wheat.  The spring Wheat 12 to
15 pct basis was mixed 10 cents lower to 30 cents higher.

***PLEASE NOTE: Prices prior to Jan 4, 2010 were for Minneapolis beyond; the
provided freight rate differential to Minneapolis is for Minneapolis unload.

Only the spot wheat/durum rail market is being quoted delivered Chicago/Beyond.
The to-arrive wheat is truck delivered and on a Minneapolis or Duluth based market.

** The basis is for US 1 Milling Quality Only.  Milling Quality is defined as
300 or better Falling Numbers; 58 lbs or better test weight; 13.5 Pct or less
moisture; 1.5 Pct or less Damage; 1.5 Pct or less Dockage and 2.0 ppm or
less vomitoxin**.

           RAIL - Spot         Change             TRUCK
 Wheat on MGEX Floor/Delivered Chicago/Beyond    20 Day To-Arrive
US 1 Milling DNS/NS Wheat                        Mpls       Duluth
           May                                   BASIS -May
  11 Pct   No Quote            - -               - -        - -
  12 Pct   No Quote            - -               - -        - -
  13 Pct   +35N to +65N        unch              -15        - -
  13.5 Pct +60B* to +90        unch - up 30      - -        - -
  14 Pct   +85 to +90          up 15 - unch      +10        - -
  14.5 Pct +85 to +95          up 5 - dn 10      - -        - -
  15 Pct   +120N to +150N      unch              +20        - -
  16 Pct   No Quote            - -               - -        - -
  17 Pct   No Quote            - -               - -        - -
    *Train

Balance Spring Wheat - 13 pct
  US 1     No Quote            - -
  US 2     No Quote            - -
  US 3     No Quote            - -
Balance Spring Wheat - 14 pct
  US 1     +85                 no comp
  US 2     No Quote            - -
  US 3     No Quote            - -
Balance Spring Wheat - 15 pct
  US 1     +110                no comp
  US 2     No Quote            - -
  US 3     No Quote            - -
 *Train
The above Spring Wheat does not meet domestic milling specifications
and is traded at a basis price with market discounts on other grade
factors.
                                                 Mpls
US 1 Hard Red Winter Wheat  BASIS KC - May       BASIS KC - May
  10 Pct   No Quote            - -
  11 Pct   No Quote            - -               +30
  12 Pct   No Quote            - -               +40
  13 Pct   No Quote            - -               +40
  14 Pct   No Quote            - -

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
The following information is quoted Minneapolis, NOT Chicago/Beyond.

US 2 Yellow Corn - May futures                   Mpls - May
 Mpls             No Bid       - -               -34
More corn bids:  Apr -32 (K); May -30 (K); Jun -35 (N); Jul -34 (N);
 Aug -37 (U); Oct -58 (Z).
US 1 Yellow Soybeans - May futures               Mpls - May
 Mpls             No Bid       - -               -55
More soybean bids:  Apr -51 (K); May -45 (K); Jun -46 (N); Jul -44 (N);
 Aug -38 (Q); Oct -57 (X).
Oats:             BASIS -May                     Mpls - May
                                                 Truck 20 Day To-Arrive
 US 2 or Better   No Quote     - -               +50
                                                 Rail 20 Day To-Arrive
                                                 +50

BASIS REPORT SYMBOLS:
January-F; February-G; March-H; April-J; May-K; June-M; July-N;
August-Q; September-U; October-V; November-X; December-Z

   Mpls=Minneapolis  Dul=Duluth KC=Kansas City  N=Nominal   R/O=River Open
   A=Asked   B=Bid   NB=No Bid   NQ=No Quote   NC=New Crop

Source:    USDA Market News Service, Minneapolis, MN
            612-370-3258 Minnesota.LPGMN@ams.usda.gov
           24 hour price information 612-370-3260
           www.ams.usda.gov/mnreports/ms_gr112.txt
           www.ams.usda.gov/lpsmarketnewspage


13:54      c  ceb


Illinois Grain Prices in Country Elevators 
  
This is Friday's report of the grain prices and trends prepared by 
the USDA and the Illinois Department of Agriculture.

In Northern and Western Illinois country grain dealers quoted shelled 
corn bids were up 1 to 3 cents. Soybean bids were steady to 3 cents 
lower.

In Central Illinois country grain dealers quoted shelled corn bids were 
steady to 2 cents higher. Soybean bids were steady to a penny higher.

In the Southern part of the state, shelled corn bids were up 2 cents. 
Soybeans were steady to penny higher. Wheat bids gained a penny. 

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   
NORTHERN     3.41 - 3.59    9.69 -  9.90    -----------        
WESTERN      3.51 - 3.69    9.86 - 10.08    -----------        
N. CENTRAL   3.51 - 3.61    9.86 - 10.10    -----------   
S. CENTRAL   3.52 - 3.62    9.87 - 10.01    -----------                    
WABASH       3.62 - 3.73    9.93 -  9.98    4.19 - 4.25
W.S. WEST    3.63 - 3.83    9.99 - 10.09    4.12 - 4.24               
L. EGYPT     3.57 - 3.75    9.98 - 10.03    4.19 - 4.44              
     
Central Illinois average price Corn        3.56 1/2 (-24 1/2 K)
                               Soybeans    9.94 (-43 1/2 K) 
   
          CONTRACT BIDS FOR OCTOBER/NOVEMBER 2017 DELIVERY 
 AREA           CORN         SOYBEANS     **SOFT WHEAT**  
NORTHERN     3.59 - 3.71    9.67 -  9.84   ---------      
WESTERN      3.64 - 3.67    9.75 -  9.86   ---------     
N. CENTRAL   3.64 - 3.69    9.87 -  9.97   ---------     
S. CENTRAL   3.64 - 3.76    9.84 -  9.92   ---------     
WABASH       3.67 - 3.77    9.77 -  9.92   4.37 - 4.53
W.S. WEST    3.59 - 3.82    9.86 - 10.05   4.42 - 4.50             
EGYPT        3.56 - 3.68    9.79 -  9.92   4.23 - 4.53
**Wheat bids are for June-July Delivery 2017**

Source: USDA-IL Dept of Ag Market News, Springfield, IL 
        Phone: 217-782-4925 SpringField.LPGMN@ams.usda.gov
        www.ams.usda.gov/mnreports/GX_GR113.txt 

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