|
(Copy)
Illinois country grain prices were
higher on Wednesday, with soybean values sharply higher.
Technical and fund buying at the
Board of Trade helped to move soybean values higher.
Concern with the South American
soybean crop and good export demand also supported prices.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids mostly 5 to 6 cents higher at 7.35-7.46.
Soybean bids were 22 to 24 cents
higher at 14.39-14.65.
In Central Illinois country grain dealers quoted shelled corn
bids were 4 to 9 cents higher at 7.51-7.63.
Soybean bids were 24 to 25 cents
higher
at 14.60-14.74.
In the Southern part of the state, shelled corn bids were 5 to 6
cents higher at 7.32-7.77.
Soybean bids were 23 to 27 cents
higher at 14.76-14.94.
Wheat bids were 5 to 8 cents
higher at 8.32-8.45.
[to top of second column] |
Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Wednesday
are listed below in dollars per bushel:
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
|
NORTHERN |
7.45 - 7.46 |
14.39 - 14.44 |
|
|
WESTERN |
7.35 - 7.46 |
14.41 - 14.65 |
|
|
N. CENT. |
7.51 - 7.58 |
14.60 - 14.71 |
|
|
S. CENTRAL |
7.55 - 7.63 |
14.62 - 14.74 |
|
|
WABASH |
7.57 - 7.77 |
14.84 - 14.90 |
8.32 - 8.45 |
|
W.S. WEST |
7.32 - 7.46 |
14.76 - 14.82 |
8.34 - 8.37 |
|
L. EGYPT |
7.70 - 7.74 |
14.84 - 14.94 |
8.35 - 8.40 |
Central Illinois average price
Corn: 7.57 (- 1 H)
Soybeans:
14.67 (-12 F)
CONTRACT BIDS FOR JANUARY 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.98 - 6.13 |
12.71 - 12.92 |
|
|
WESTERN |
6.00 - 6.12 |
12.72 - 12.85 |
|
|
N. CENT. |
6.04 - 6.15 |
12.90 - 13.02 |
|
|
S. CENTRAL |
6.10 - 6.25 |
12.90 - 13.05 |
|
|
WABASH |
6.21 - 6.36 |
12.82 - 13.02 |
8.30 - 8.40 |
|
W.S. WEST |
5.91 - 6.04 |
12.81 - 12.93 |
8.26 - 8.30 |
|
L. EGYPT |
6.21
- 6.30 |
12.82 - 13.02 |
8.31 - 8.38 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
11/29/2012 |
11/15/2012
|
| |
Price--Basis |
Price--Basis |
|
Corn |
7.55 + 3 1/2Z |
7.20 - 1Z
|
|
Soybeans |
14.34 1/2 -13 1/2F
|
13.90 1/2 -11F |
Annual Comparison
|
|
October 2012 |
October 2011 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.48 - 2Z |
6.23 - 9Z |
|
Soybeans |
15.27 -12X |
11.87 -27X |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
