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

[July 13, 2012]  SPRINGFIELD -- This is Thursday's report of the grain prices and trends, prepared by the USDA and the Illinois Department of Agriculture.

(Copy)

Illinois country grain prices were mixed on Thursday afternoon, with corn and wheat values sharply higher.

With little help to improve crop conditions in the weather forecast, corn values gained strength at the Board of Trade.

Weekly export sales figures for corn were also above trade expectations at 664,800 metric tonnes.

In Northern and Western Illinois country grain dealers quoted shelled corn bids 21 to 26 cents higher at 7.44-7.57.

Soybean bids traded 7 to 9 cents lower at 15.92-16.05.

In Central Illinois country grain dealers quoted shelled corn bids were 24 to 27 cents higher at 7.56-7.68.

Soybean bids were mixed at 15.82-16.04.

Wheat bids were 20 to 25 cents higher at 8.13-8.28.

In the Southern part of the state, shelled corn bids were 27 to 34 cents higher at 7.62-7.81.

Soybean bids were mixed at 15.87-16.28.

Wheat bids were mostly 16 to 27 cents higher at 8.21-8.62.

[to top of second column]

Commercial grain prices paid farmers by Interior Illinois Country Elevators after 2.00 p.m. Thursday are listed below in dollars per bushel:

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

7.44 - 7.56 15.92 - 15.99  

WESTERN 

7.45 - 7.57 15.97 - 16.05  

N. CENT.

7.56 - 7.62 15.82 - 16.04  

S. CENTRAL

7.61 - 7.68 15.98 - 16.01 8.13 - 8.28

WABASH 

7.72 - 7.81 15.87 - 16.05 8.33 - 8.62

W.S. WEST

7.62 - 7.68 16.00 - 16.21 8.21 - 8.22

L. EGYPT

7.71 - 7.80 16.14 - 16.28 8.48 - 8.52

Central Illinois average price

Corn: 7.62 (+31 U)
Soybeans:
15.93 (+20 1/2 Q)

CONTRACT BIDS FOR NEW CROP 2012 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN

6.93 - 7.02 14.90 - 14.97  

WESTERN 

6.92 - 7.00 14.97 - 15.03  

N. CENT.

7.03 - 7.12 14.93 - 15.04  

S. CENTRAL

7.13 - 7.27 15.03 - 15.14  

WABASH 

7.27 - 7.36 15.08 - 15.29  

W.S. WEST

7.09 - 7.19 15.13 - 15.26

 

L. EGYPT

7.20 - 7.32

15.16 - 15.28

 

 

Cent. Ill. Average Price at Country Elevators

Week of

 7/5/2012 6/28/2012
  Price Basis Price Basis

Corn

7.48   +39 U

6.67 +15 N

Soybeans

16.03   +20 Q

14.60 - 6 N

[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