Calendar | Logan County Extension Unit | Ag News Elsewhere [fresh daily from the Web]


Illinois grain prices in country elevators

Send a link to a friend

[December 12, 2012]  SPRINGFIELD -- This is Tuesday's report of the grain prices and trends, prepared by the USDA and the Illinois Department of Agriculture.

(Copy)

Illinois country grain prices were lower on Tuesday.

Wheat prices fell in reaction to the morning's USDA Supply Demand report.

Carryover figures for wheat were higher than expected.

In Northern and Western Illinois country grain dealers quoted shelled corn bids mostly 2 to 5 cents lower at 7.06-7.25.

Soybean bids were 2 to 6 cents lower at 14.36-14.52.

In Central Illinois country grain dealers quoted shelled corn bids were 2 to 4 cents lower at 7.21-7.36.

Soybean bids were 2 to 5 cents lower at
14.55-14.71.

In the Southern part of the state, shelled corn bids were 2 to 6 cents lower at 6.99-7.44.

Soybean bids were mostly 3 cents lower at 14.71-14.90.

Wheat bids were 17 to 23 cents lower at 7.87-8.12.


[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

7.12 - 7.25 14.36 - 14.45  

WESTERN 

7.06 - 7.16 14.36 - 14.52  

N. CENT.

7.21 - 7.28 14.55 - 14.68  

S. CENTRAL

 7.26 - 7.36 14.62 - 14.71  

WABASH 

7.27 - 7.31 14.72 - 14.84 7.96 - 8.11

W.S. WEST

6.99 - 7.16 14.71 - 14.83  7.97 - 8.12

L. EGYPT

7.35 - 7.44 14.80 - 14.90  7.87 - 8.02

Central Illinois average price

Corn: 7.28 1/2 (+ 1/2 H)
Soybeans:
14.63 (- 9 F)

CONTRACT BIDS FOR JANUARY 2013 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN

5.81 - 5.96 12.71 - 12.87  

WESTERN 

5.80 - 5.93 12.66 - 12.78  

N. CENT.

5.87 - 5.98 12.80 - 12.91  

S. CENTRAL

5.92 - 6.08 12.80 - 12.95  

WABASH 

5.97 - 6.18 12.90 - 12.92 8.00 - 8.12

W.S. WEST

5.67 - 5.88 12.77 - 12.86

8.00 - 8.02

L. EGYPT

6.03 - 6.12

12.90 - 12.92

8.04 - 8.10

***June/July 2013 delivery
 

Cent. Ill. Average Price at Country Elevators

Week of

12/6/2012

11/29/2012

  Price--Basis Price--Basis

Corn

7.52 + 1/2 H

7.55 + 3 1/2 Z 

Soybeans

14.77 1/2 -13 1/2 F 

14.34 1/2 -13 1/2 F

Annual Comparison

 

November 2012

November 2011

  Price--Basis Price--Basis

Corn

7.39 - 1Z

6.26 - 3Z

Soybeans

14.39 -11X

11.51 -24X

[Text copied from USDA-IL Dept of Ag Market News, Springfield]

< Recent articles

Back to top


 

News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries

Community | Perspectives | Law & Courts | Leisure Time | Spiritual Life | Health & Fitness | Teen Scene
Calendar | Letters to the Editor