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 (Copy)
Illinois country grain prices were
mixed on Thursday afternoon, with corn and wheat higher and
soybeans lower.
Wheat futures were supported by
the sale of
110,000 tonnes of US wheat to China.
Even though weekly export sales
figures and
the National Oilseed Processors Association's May crush figures
were above trade
expectations, fund selling pushed soybean futures lower.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 14 to 15 cents higher at 6.29-6.42.
Soybean bids traded 18 to 23 cents
lower at
13.70-13.79.
In Central Illinois country grain dealers quoted shelled corn
bids were 9 to 17
cents higher at 6.32-6.49.
Soybean bids were 18 to 22 cents
lower at 13.70-13.89.
Wheat bids were 4 to 8 cents
higher at 5.98-6.16.
In the Southern part of the state, shelled corn bids were 10 to
15 cents higher
at 6.35-6.56.
Soybean bids were 20 to 22 cents
lower at 13.77-13.98.
Wheat bids were 7 cents higher at
6.10-6.33.
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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 |
6.31 - 6.41 |
13.71 - 13.76 |
|
| WESTERN |
6.29 - 6.42 |
13.70 - 13.79 |
|
| N. CENT. |
6.32 - 6.49 |
13.70 - 13.80 |
|
| S. CENTRAL |
6.34 - 6.40 |
13.79 - 13.89 |
5.98 - 6.16 |
| WABASH |
6.38 - 6.51 |
13.77 - 13.87 |
6.18 - 6.23 |
| W.S. WEST |
6.35 - 6.46 |
13.86 - 13.98 |
6.10 - 6.22 |
| L. EGYPT |
6.37 - 6.56 |
13.87 - 13.96 |
6.29 - 6.33 |
Central Illinois average price
Corn: 6.40 1/2 (+39
N)
Soybeans: 13.79 1/2 (- 6 1/2N)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
| NORTHERN |
4.73 - 4.86 |
12.65 - 12.74 |
|
| WESTERN |
4.75 - 4.85 |
12.74 - 12.81 |
|
| N. CENT. |
4.79 - 4.89 |
12.72 - 12.84 |
|
| S. CENTRAL |
4.89 - 4.95 |
12.73 - 12.87 |
--- |
| WABASH |
4.90 - 5.07 |
12.75 - 12.84 |
--- |
| W.S. WEST |
4.91 - 5.02 |
12.87 - 12.99 |
--- |
|
L. EGYPT |
4.97 - 5.01 |
12.78 - 12.83 |
--- |
***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]
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