|
 (Copy)
Illinois country grain prices were
lower on Wednesday, with corn and soybean values ending sharply
lower.
Corn futures were pushed down by
lower than expected ethanol use figures.
Technical and year end fund
selling weighed on soybean values.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 12 to 20 cents lower at 6.85-7.09.
Soybean bids were 22 to 30 cents
lower at 14.05-14.22.
In Central Illinois country grain dealers quoted shelled corn
bids were 17 to 20 cents lower at 6.94-7.12.
Soybean bids were 27 to 31 cents
lower at 14.23-14.41.
In the Southern part of the state, shelled corn bids were 17 to
23 cents lower at 6.71-7.19.
Soybean bids were 21 to 29 cents
lower at 14.45-14.62.
Wheat bids were mostly 5 to 7
cents lower at 7.83-8.06.
[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 |
6.90 - 7.09 |
14.05 - 14.20 |
|
|
WESTERN |
6.85 - 6.94 |
14.08 - 14.22 |
|
|
N. CENT. |
6.94 - 7.03 |
14.23 - 14.37 |
|
|
S. CENTRAL |
7.01 - 7.12 |
14.31 - 14.41 |
|
|
WABASH |
7.03 - 7.13 |
14.45 - 14.49 |
7.89 - 7.95 |
|
W.S. WEST |
6.71 - 6.91 |
14.49 - 14.62 |
7.83 - 7.96 |
|
L. EGYPT |
7.10 - 7.19 |
14.47 - 14.62 |
7.86 - 8.06 |
Central Illinois average price
Corn: 7.03 (+ 0 H)
Soybeans:
14.32 (- 5 F)
CONTRACT BIDS FOR JANUARY 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.67 - 5.75 |
12.46 - 12.56 |
|
|
WESTERN |
5.66 - 5.78 |
12.46 - 12.58 |
|
|
N. CENT. |
5.73 - 5.88 |
12.61 - 12.71 |
|
|
S. CENTRAL |
5.78 - 5.90 |
12.59 - 12.73 |
|
|
WABASH |
5.82 - 5.93 |
12.61 - 12.71 |
7.90 - 7.93 |
|
W.S. WEST |
5.72 - 5.81 |
12.56 - 12.68 |
7.71 - 7.78 |
|
L. EGYPT |
5.89 - 5.98 |
12.61 - 12.71 |
7.81 - 7.91 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
12/13/2012 |
12/6/2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.21 1/2 +1 1/2 H
|
7.52 + 1/2 H
|
|
Soybeans |
14.68 -8 1/2 F
|
14.77 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] |
