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 (Copy)
Illinois country grain prices were
mixed on Monday afternoon, with corn and soybeans higher. Corn
and soybean futures were supported by carryover strength from
last Friday's USDA reports. Farmer's were busy last week
planting corn. According to the USDA's Weekly Crop Progress
report, Illinois farmers have now planted 5% of the state's corn
crop.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 11 cents higher at 6.35-6.45. Soybean bids
traded 18 to 20 cents higher at 13.91-14.08.
In Central Illinois country grain dealers quoted shelled corn
bids were 12 cents higher at 6.47-6.63. Soybean bids were 18
cents higher at 13.94-14.08.
In the Southern part of the state, shelled corn bids were 12 to
13 cents higher at 6.50-6.73. Soybean bids were 18 cents higher
at 14.04-14.20. Wheat bids were 4 to 5 cents lower at 6.40-6.61.
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Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Monday
are listed below in dollars per bushel:
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
| NORTHERN |
6.35 - 6.45 |
13.91 - 13.98 |
|
| WESTERN |
6.37 - 6.43 |
13.97 - 14.08 |
|
| N. CENT. |
6.47 - 6.53 |
13.94 - 14.04 |
|
| S. CENTRAL |
6.56 - 6.63 |
14.00 - 14.08 |
|
| WABASH |
6.59 - 6.71 |
14.05 - 14.13 |
6.40 - 6.52 |
| W.S. WEST |
6.50 - 6.56 |
14.08 - 14.20 |
6.42 - 6.52 |
| L. EGYPT |
6.60 - 6.73 |
14.04 - 14.16 |
6.42 - 6.61 |
Central Illinois average price
Corn: Corn 6.55 ( opt K)
Soybeans: 14.01 (-20 K)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
| NORTHERN |
5.02 - 5.09 |
13.35 - 13.48 |
|
| WESTERN |
5.01 - 5.10 |
13.37 - 13.48 |
|
| N. CENT. |
5.05 - 5.15 |
13.45 - 13.56 |
|
| S. CENTRAL |
5.08 - 5.23 |
13.42 - 13.55 |
|
| WABASH |
5.15 - 5.29 |
13.47 - 13.55 |
6.40 - 6.46 |
| W.S. WEST |
5.17 - 5.24 |
13.48 - 13.61 |
6.53 - 6.58 |
|
L. EGYPT |
5.25 - 5.26 |
13.42 - 13.55 |
6.40 - 6.49 |
***June/July 2012 Delivery
Cent. Ill. Average Price at Country
Elevators
| Week of |
3/29/2012 |
3/22/2012 |
| |
Price Basis |
Price Basis |
| Corn |
6.011/2 -21/2 K |
6.65 - 4 K |
| Soybeans |
13.351/2 -20K |
13.51 1/2 -17 1/2 K
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[Text copied from
USDA-IL
Dept of Ag Market News, Springfield]
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