|
 (Copy)
Illinois country grain prices were
mixed on Monday afternoon. Fund selling at the Board of Trade
helped to push corn futures lower. Weekly export inspection
figures for corn were also under trade expectations.
Many traders also evened positions
before the release of the updated Supply Demand
forecast by the USDA on Tuesday morning.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 5 to 6 cents lower at 6.12-6.27.
Soybean bids traded 1 to 3 cents
lower
at 14.10-14.22.
In Central Illinois country grain dealers quoted shelled corn
bids were mostly 4 to 7 cents lower at 6.15-6.28.
Soybean bids were 1 to 3 cents
lower
at 14.07-14.25.
Wheat bids were mixed at
6.25-6.29. In the Southern part of the state, shelled corn bids were mostly
3 to 6 cents lower at 6.19-6.37.
Soybean bids were steady to 2
cents lower at 14.10-14.37.
Wheat bids were mixed at
6.11-6.36.
[to top of second column]
 |
Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Monday are listed below in dollars per bushel:
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
| NORTHERN |
6.17 - 6.25 |
14.10 - 14.14 |
|
| WESTERN |
6.12 - 6.27 |
14.11 - 14.22 |
|
| N. CENT. |
6.15 - 6.26 |
14.07 - 14.20 |
|
| S. CENTRAL |
6.23 - 6.28 |
14.18 - 14.25 |
6.25 - 6.29 |
| WABASH |
6.29 - 6.37 |
14.10 - 14.19 |
6.13 - 6.30 |
| W.S. WEST |
6.19 - 6.26 |
14.23 - 14.37 |
6.11 - 6.28 |
| L. EGYPT |
6.28 - 6.31 |
14.13 - 14.23 |
6.30 - 6.36 |
Central Illinois average price
Corn: 6.21 1/2 (+29 1/2N)
Soybeans: 14.16 (- 9 N)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
| NORTHERN |
4.91 - 4.98 |
12.84 - 12.96 |
|
| WESTERN |
4.91 - 4.99 |
12.91 - 13.05 |
|
| N. CENT. |
4.94 - 5.07 |
12.94 - 12.96 |
|
| S. CENTRAL |
4.97 - 5.09 |
12.95 - 13.07 |
--- |
| WABASH |
5.07 - 5.14 |
13.00 - 13.06 |
--- |
| W.S. WEST |
5.11 - 5.17 |
13.03 - 13.08 |
--- |
|
L. EGYPT |
5.12 - 5.16 |
13.00 - 13.04 |
--- |
***June/July 2012 Delivery
Cent. Ill. Average Price at Country
Elevators
| Week of |
6/07/2012 |
5/31/2012 |
| |
Price Basis |
Price Basis |
| Corn |
6.21 1/2 +27 1/2 N |
5.82 +27 N |
| Soybeans |
14.20 - 8 N |
13.30 1/2 - 9 1/2 N |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield]
|
