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Illinois country grain prices were
mixed on Wednesday afternoon, with soybeans and wheat higher and
corn slightly lower.
Export news supported both soybean
and wheat values.
Export interest was good for
soybeans, plus the USDA announced the sale of 105,000 tonnes of
US soybeans to an unknown destination.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids steady to 2 cents lower at 7.31-7.49.
Soybean bids were 15 to 18 cents
higher at 15.38-15.50.
In Central Illinois country grain dealers quoted shelled corn
bids were 1 to 2 cents lower at 7.44-7.63.
Soybean bids were 15 to 18 cents
higher at 15.53-15.64.
In the Southern part of the state, shelled corn bids were 1 to 2
cents lower at 7.27-7.66.
Soybean bids were 13 to 17 cents
higher at 15.43-15.56.
Wheat bids were mostly 15 cents
higher at 8.51-8.69.
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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 |
7.39 - 7.49 |
15.38 - 15.50 |
|
|
WESTERN |
7.31 - 7.47 |
15.38 - 15.50 |
|
|
N. CENT. |
7.44 - 7.54 |
15.53 - 15.60 |
|
|
S. CENTRAL |
7.44 - 7.63 |
15.54 - 15.64 |
|
|
WABASH |
7.58 - 7.66 |
15.46 - 15.56 |
8.51 - 8.59 |
|
W.S. WEST |
7.27 - 7.41 |
15.43 - 15.55 |
8.64 - 8.69 |
|
L. EGYPT |
7.55 - 7.65 |
15.45 - 15.56 |
8.52 - 8.64 |
Central Illinois average price
Corn: 7.53 1/2 (- 1 Z)
Soybeans:
15.58 1/2 (-12 X)
CONTRACT BIDS FOR JANUARY 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
7.49 - 7.67 |
15.49 - 15.56 |
|
|
WESTERN |
7.40 - 7.53 |
15.53 - 15.68 |
|
|
N. CENT. |
7.56 - 7.63 |
15.62 - 15.68 |
|
|
S. CENTRAL |
7.60 - 7.77 |
15.68 - 15.78 |
|
|
WABASH |
7.70 - 7.83 |
15.63 - 15.72 |
8.29 - 8.38 |
|
W.S. WEST |
7.45 - 7.53 |
15.76 - 15.86 |
8.18 - 8.23 |
|
L. EGYPT |
7.76 - 7.86 |
15.70 - 15.80 |
8.33 - 8.37 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
10/18/2012 |
10/11/2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.58
-3Z |
7.69 -4Z |
|
Soybeans |
15.331/2 -12 X |
15.35 -13« X |
Annual Comparison
|
|
Sept 2012 |
Sept 2011 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.83 +6Z |
6.77
-17Z |
|
Soybeans |
16.95 -5X |
13.12 -13X |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
