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 (Copy)
Illinois country grain prices were
mixed on Wednesday afternoon.
Dry weather again supported higher
grain futures.
In the cash markets, trading
activity was slow to moderate again as there was a weaker cash
corn basis at many grain terminals and processors.
The processors cash corn basis
fell 13 to 17 cents at many locations.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 8 to 9 cents lower at 6.49-6.65.
Soybean bids traded 1 to 2 cents
higher at 14.56-14.68.
In Central Illinois country grain dealers quoted shelled corn
bids were mixed at 6.63-6.75.
Soybean bids were 1 to 2 cents
lower at 14.58-14.73.
Wheat bids were 6 cents higher at 7.02-7.16.
In the Southern part of the state, shelled corn bids were mixed
at 6.69-6.95.
Soybean bids were steady to 1 cent
lower at 14.64-14.78.
Wheat bids were 1 to 2 cents
higher at 7.06-7.57.
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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 |
6.58 - 6.65 |
14.56 - 14.58 |
|
|
WESTERN |
6.49 - 6.60 |
14.57 - 14.68 |
|
|
N. CENT. |
6.63 - 6.75 |
14.58 - 14.71 |
|
|
S. CENTRAL |
6.63 - 6.74 |
14.68 - 14.73 |
7.02 - 7.16 |
|
WABASH |
6.87 - 6.95 |
14.64 - 14.73 |
7.27 - 7.32 |
|
W.S. WEST |
6.69 - 6.77 |
14.67 - 14.69 |
7.06 - 7.21 |
|
L. EGYPT |
6.93 - 6.95 |
14.68 - 14.78 |
7.47 - 7.57 |
Central Illinois average price
Corn: 6.69 (+19 1/2N)
Soybeans:
14.65 1/2 (- 5 1/2N)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.93 - 5.96 |
13.70 - 13.82 |
|
|
WESTERN |
5.92 - 6.01 |
13.80 - 13.87 |
|
|
N. CENT. |
5.96 - 6.07 |
13.75 - 13.87 |
|
|
S. CENTRAL |
6.01 - 6.13 |
13.80 - 13.92 |
--- |
|
WABASH |
6.08 - 6.13 |
13.87 - 14.02 |
--- |
|
W.S. WEST |
6.08 - 6.13 |
13.90 - 14.02 |
--- |
|
L. EGYPT |
6.14 - 6.28 |
13.86 - 13.95 |
--- |
Cent. Ill. Average Price at Country
Elevators
|
Week of |
6/21/2012 |
6/14/2012 |
| |
Price Basis |
Price Basis |
|
Corn |
6.09 +22 1/2 N |
6.401/2 +39 N |
|
Soybeans |
14.32 - 6 1/2 N |
13.791/2 -81/2 N |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
