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Illinois country grain prices were
higher on Thursday afternoon. Wheat futures received a boost
from the lower value of the US dollar and expected export
interest.
Corn and soybean futures were
pulled up by the strong wheat values.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 1 to 4 cents higher at 7.45-7.82.
Soybean bids were steady to 4
cents higher
at 17.05-17.27.
In Central Illinois country grain dealers quoted shelled corn
bids were 2 to 3 cents higher at 7.74-7.88.
Soybean bids were 1 cent higher at
17.47-17.62.
In the Southern part of the state, shelled corn bids were 4
cents higher at 7.61-7.94.
Soybean bids were 1 cent higher at
17.27-17.37. Wheat bids were 9 to 12 cents higher at 8.65-8.84.
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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 |
7.67 - 7.82 |
17.17 - 17.23 |
|
|
WESTERN |
7.45 - 7.60 |
17.05 - 17.27 |
|
|
N. CENT. |
7.74 - 7.83 |
17.47 - 17.50 |
|
|
S. CENTRAL |
7.76 - 7.88 |
17.49 - 17.62 |
|
|
WABASH |
7.83 - 7.94 |
17.27 - 17.37 |
8.68 - 8.72 |
|
W.S. WEST |
7.61 - 7.85 |
17.27 - 17.31 |
8.65 - 8.77 |
|
L. EGYPT |
7.88 - 7.94 |
17.27 - 17.37 |
8.72 - 8.84 |
Central Illinois average price
Corn: Corn 7.81 (+ 7 Z)
Soybeans:
17.54 1/2 (+ 7 X)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
7.60 - 7.79 |
17.24 - 17.34 |
|
|
WESTERN |
7.51 - 7.65 |
17.29 - 17.35 |
|
|
N. CENT. |
7.79 - 7.90 |
17.40 - 17.48 |
|
|
S. CENTRAL |
7.81 - 7.97 |
17.43 - 17.55 |
|
|
WABASH |
7.94 - 8.08 |
17.33 - 17.45 |
8.43 - 8.46 |
|
W.S. WEST |
7.77 - 7.99 |
17.52 - 17.65 |
8.27 - 8.28 |
|
L. EGYPT |
8.01 - 8.03 |
17.50 - 17.63 |
8.38 - 8.48 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
9/6/2012 |
8/30/2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
8.03 1/2 +5Z |
8.18 + 6 1/2 U |
|
Soybeans |
17.47 1/2 + 1/2 X |
17.85 1/2 +22 1/2 X |
Annual Comparison
|
|
August 2012
|
August 2011 |
| |
Price--Basis |
Price--Basis |
|
Corn |
8.15 +12 U |
7.30 +16 U |
|
Soybeans |
17.09 +44 X |
13.59 -11 X |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
