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(Copy)
Illinois country grain prices were
lower on Thursday afternoon, with soybean futures sharply lower.
Technical and fund selling at the
Board of Trade weakened soybean futures.
A softer tone to the cash soybean
market and to the outside financial markets also weakened
prices.
Weekly export sales for soybeans
were good at 717,700 tonnes.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 11 to 16 cents lower at 7.15-7.32.
Soybean bids were 50 to 51 cents
lower at 15.89-15.99.
In Central Illinois country grain dealers quoted shelled corn
bids were 10 to 12
cents lower at 7.45-7.59.
Soybean bids were 52 to 56 cents
lower at 16.00-16.14.
In the Southern part of the state, shelled corn bids were 10 to
11 cents lower at 7.40-7.62.
Soybean bids were 52 to 55 cents
lower at 15.93-16.09.
Wheat bids were 2 to 4 cents lower
at 8.45-8.70.
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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 |
7.25 - 7.31 |
15.89 - 15.98 |
|
|
WESTERN |
7.15 - 7.32 |
15.89 - 15.99 |
|
|
N. CENT. |
7.45 - 7.59 |
16.00 - 16.08 |
|
|
S. CENTRAL |
7.46 - 7.58 |
16.07 - 16.14 |
|
|
WABASH |
7.55 - 7.62 |
15.93 - 16.09 |
8.45 - 8.60 |
|
W.S. WEST |
7.40 - 7.58 |
15.99 - 16.05 |
8.54 - 8.70 |
|
L. EGYPT |
7.52 - 7.60 |
15.99 - 16.04 |
8.50 - 8.62 |
Central Illinois average price
Corn: 7.52 (+ 6 Z)
Soybeans:
16.07 (-12 X)
CONTRACT BIDS FOR JANUARY 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
7.30 - 7.34 |
15.94 - 16.04 |
|
|
WESTERN |
7.26 - 7.37 |
15.99 - 16.13 |
|
|
N. CENT. |
7.44 - 7.54 |
16.10 - 16.21 |
|
|
S. CENTRAL |
7.53 - 7.69 |
16.10 - 16.25 |
|
|
WABASH |
7.67 - 7.76 |
16.03 - 16.15 |
8.28 - 8.31 |
|
W.S. WEST |
7.47 - 7.73 |
16.23 - 16.34 |
8.13 - 8.32 |
|
L. EGYPT |
7.73 - 7.76 |
16.15 - 16.22 |
8.23 - 8.33 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
9/13/2012 |
9/6/2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.81 +7Z |
8.03 1/2 +5Z |
|
Soybeans |
17.54 1/2 +7X |
17.47 1/2 + 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] |
