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Illinois country grain prices were
mixed on Thursday, with corn and soybean futures lower and wheat
higher.
Trading activity was slow again
today as many traders wait for the release of the USDA's reports
on Friday morning.
Weekly export sales figures
weighted on grain values as soybeans totaled 6.8 million and
corn at only 6.2 million bushels.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 3 to 6 cents lower at 7.19-7.33.
Soybean bids were 9 to 12 cents
lower at 14.63-14.78.
In Central Illinois country grain dealers quoted shelled corn
bids were 3 to 5 cents lower at 7.31-7.48.
Soybean bids were 8 to 12 cents
lower at 14.78-14.91.
In the Southern part of the state, shelled corn bids were 3 to 8
cents lower at 7.05-7.55.
Soybean bids were 11 to 16 cents
lower at 14.76-14.99.
Wheat bids were 10 to 15 cents
higher at 8.85-9.03.
[to top of second column]
 |
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 |
7.23 - 7.33 |
14.68 - 14.78 |
|
|
WESTERN |
7.19 - 7.29 |
14.63 - 14.78 |
|
|
N. CENT. |
7.31 - 7.45 |
14.81 - 14.91 |
|
|
S. CENTRAL |
7.31 - 7.48 |
14.78 - 14.87 |
|
|
WABASH |
7.44 - 7.55 |
14.76 - 14.93 |
8.85 - 9.03 |
|
W.S. WEST |
7.05 - 7.30 |
14.86 - 14.94 |
8.92 - 8.98 |
|
L. EGYPT |
7.49 - 7.53 |
14.90 - 14.99 |
8.93 - 9.03 |
Central Illinois average price
Corn: 7.39 1/2 (-2 Z)
Soybeans:
14.84 1/2 (-11 F)
CONTRACT BIDS FOR JANUARY 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
7.33 - 7.45 |
14.65 - 14.77 |
|
|
WESTERN |
7.27 - 7.38 |
14.76 - 14.84 |
|
|
N. CENT. |
7.37 - 7.48 |
14.84 - 14.92 |
|
|
S. CENTRAL |
7.38 - 7.58 |
14.87 - 15.01 |
|
|
WABASH |
7.52 - 7.65 |
14.81 - 14.96 |
8.58 - 8.66 |
|
W.S. WEST |
7.27 - 7.34 |
14.93 - 15.08 |
8.39 - 8.51 |
|
L. EGYPT |
7.59 - 7.68 |
14.96 - 15.04 |
8.57 - 8.61 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
11/1/2012 |
10/25/2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.51 1/2 + 1/2 Z |
7.40 - 2Z
|
|
Soybeans |
15.53 -5 1/2 X |
15.52 -12X |
Annual Comparison
|
|
October 2012 |
October 2011 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.48 - 2Z |
6.23 - 9Z |
|
Soybeans |
15.27 -12X |
11.87 -27X |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
