|
 (Copy)
Illinois country grain prices were
higher on Wednesday afternoon, with soybeans and wheat sharply
higher.
Wheat futures gained strength from
export interest and news the drought in Russia was covering a
wider area than given in earlier reports.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 2 to 5 cents higher at 7.79-7.98.
Soybean bids traded mostly 40 to
45 cents higher at 17.14-17.24.
In Central Illinois country grain dealers quoted shelled corn
bids were 6 to 7 cents higher at 7.98-8.24.
Soybean bids were 44 to 48 cents
higher
at 17.15-17.27.
Wheat bids were 24 to 26 cents
higher at 8.81-8.88.
In the Southern part of the state, shelled corn bids were mostly
3 to 5 cents higher at 7.98-8.44.
Soybean bids were 42 to 46 cents
higher at
17.09-17.39.
Wheat bids were 24 cents higher at
8.61-9.06.
[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 |
7.79 - 7.95 |
17.14 - 17.22 |
|
|
WESTERN |
7.87 - 7.98 |
17.14 - 17.24 |
|
|
N. CENT. |
7.98 - 8.10 |
17.15 - 17.27 |
|
|
S. CENTRAL |
8.11 - 8.24 |
17.21 - 17.32 |
8.81 - 8.88 |
|
WABASH |
8.23 - 8.35 |
17.09 - 17.19 |
8.84 - 9.05 |
|
W.S. WEST |
7.98 - 8.16 |
17.25 - 17.39 |
8.61 - 8.83 |
|
L. EGYPT |
8.35 - 8.44 |
17.16 - 17.29 |
8.98 - 9.06 |
Central Illinois average price
Corn: 8.11 (+16 1/2 U)
Soybeans:
17.23 1/2 (+29 Q)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
7.52 - 7.67 |
15.80 - 15.85 |
|
|
WESTERN |
7.54 - 7.64 |
15.84 - 15.93 |
|
|
N. CENT. |
7.63 - 7.80 |
15.85 - 15.91 |
|
|
S. CENTRAL |
7.72 - 7.81 |
15.91 - 16.06 |
|
|
WABASH |
7.90 - 7.98 |
15.95 - 16.11 |
|
|
W.S. WEST |
7.68 - 7.74 |
15.98 - 16.05 |
|
|
L. EGYPT |
7.86 - 7.98 |
16.13 - 16.16 |
|
Cent. Ill. Average Price at Country
Elevators
|
Week of |
7/19/2012 |
7/12/2012
|
| |
Price Basis |
Price Basis |
|
Corn |
8.29 +21 U |
7.62 +31 U
|
|
Soybeans |
17.61 1/2 +28 Q |
15.93 +20 1/2
Q |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
