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 (Copy)
Illinois country grain prices were
higher on Monday afternoon. Another export sale to China and
stronger soybean meal prices helped to lift soybean futures.
Monday morning the USDA announced the sale of 220,000 metric
tonnes of US soybeans to China. In the USDA's Crop Progress
Report, Illinois farmers have now planted 79% of the states corn
crop and 13% of the soybean
acres.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids mixed at 6.39-6.62. Soybean bids traded 3 to 5
cents higher at 14.70-14.93.
In Central Illinois country grain dealers quoted shelled corn
bids were 9 to 10 cents higher at 6.46-6.59. Soybean bids were 8
to 12 cents higher at 14.83-14.97.
In the Southern part of the state, shelled corn bids were mostly
5 to 8 cents higher at 6.57-6.70. Soybean bids were 5 to 10
cents higher at 14.90-15.07. Wheat bids were mostly 5 to 6 cents
higher at 6.33-6.48.
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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 |
6.48 - 6.62 |
14.70 - 14.81 |
|
| WESTERN |
6.39 - 6.54 |
14.86 - 14.93 |
|
| N. CENT. |
6.46 - 6.55 |
14.83 - 14.90 |
|
| S. CENTRAL |
6.52 - 6.59 |
14.83 - 14.97 |
|
| WABASH |
6.59 - 6.70 |
14.90 - 14.95 |
6.33 - 6.41 |
| W.S. WEST |
6.60 - 6.68 |
14.95 - 15.07 |
6.37 - 6.48 |
| L. EGYPT |
6.57 - 6.70 |
14.93 - 15.05 |
6.35 - 6.48 |
Central Illinois average price
Corn: 6.52 1/2 (- 8 K)
Soybeans: 14.90 (-13 K)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
| NORTHERN |
5.00 - 5.14 |
13.31 - 13.46 |
|
| WESTERN |
4.97 - 5.06 |
13.36 - 13.46 |
|
| N. CENT. |
5.06 - 5.14 |
13.42 - 13.51 |
|
| S. CENTRAL |
5.07 - 5.21 |
13.41 - 13.51 |
|
| WABASH |
5.13 - 5.23 |
13.46 - 13.51 |
6.30 - 6.45 |
| W.S. WEST |
5.14 - 5.21 |
13.59 - 13.70 |
6.50 - 6.58 |
|
L. EGYPT |
5.22 - 5.24 |
13.44 - 13.51 |
6.35 - 6.49 |
***June/July 2012 Delivery
Cent. Ill. Average Price at Country
Elevators
| Week of |
4/26/2012 |
4/19/2012 |
| |
Price Basis |
Price Basis |
| Corn |
6.22 -2K |
6.21 1/2 + 1/2 K |
| Soybeans |
14.63 1/2 -18K |
13.98 1/2 -17 1/2 K |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield]
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