|
 (Copy)
Illinois country grain prices were
mixed on Tuesday afternoon. Fund and speculative selling at the
Board of Trade pushed soybean futures lower.
In the cash markets trading has
been moderate. Cash basis for both corn and soybeans improved at
many Illinois River terminals, with improvements of 1 to 4 cents
noted.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 3 cents higher at 6.38-6.48. Soybean bids
traded 2 to 4 cents lower at 13.89-14.04.
In Central Illinois country grain dealers quoted shelled corn
bids were 2 cents higher at 6.49-6.65. Soybean bids were 1 to 3
cents lower
at 13.93-14.05.
In the Southern part of the state, shelled corn bids were 3 to 4
cents higher at 6.54-6.76. Soybean bids were 3 to 4 cents lower
at 14.00-14.17. Wheat bids were mostly 1 to 3 cents higher at
6.40-6.58.
[to top of second column]
|
Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Tuesday
are listed below in dollars per bushel:
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
| NORTHERN |
6.38 - 6.48 |
13.89 - 13.95 |
|
| WESTERN |
6.40 - 6.48 |
13.96 - 14.04 |
|
| N. CENT. |
6.49 - 6.55 |
13.93 - 14.04 |
|
| S. CENTRAL |
6.57 - 6.65 |
13.96 - 14.05 |
|
| WABASH |
6.65 - 6.74 |
14.01 - 14.09 |
6.40 - 6.46 |
| W.S. WEST |
6.54 - 6.63 |
14.07 - 14.17 |
6.45 - 6.55 |
| L. EGYPT |
6.63 - 6.76 |
14.00 - 14.14 |
6.45 - 6.58 |
Central Illinois average price
Corn: 6.57 (- 1 K)
Soybeans: 13.99 (-18 K)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
| NORTHERN |
5.02 - 5.10 |
13.28 - 13.42 |
|
| WESTERN |
5.01 - 5.10 |
13.31 - 13.42 |
|
| N. CENT. |
5.06 - 5.16 |
13.39 - 13.50 |
|
| S. CENTRAL |
5.11 - 5.23 |
13.36 - 13.49 |
|
| WABASH |
5.16 - 5.26 |
13.41 - 13.49 |
6.40 - 6.59 |
| W.S. WEST |
5.14 - 5.25 |
13.42 - 13.54 |
6.52 - 6.63 |
|
L. EGYPT |
5.26 - 5.27 |
13.35 - 13.49 |
6.39 - 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
|
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield]
|
