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Illinois country grain prices were
mixed on Tuesday afternoon, with corn and soybean futures higher
and wheat slightly lower.
Technical trading at the Board of
Trade helped to move prices for corn, soybeans and wheat.
Many trader's prepared for
Wednesday's release of new Supply Demand estimates by the USDA.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 10 to 11 cents higher at 6.44-6.58.
Soybean bids were 17 to 20 cents
higher at 13.98-14.12.
In Central Illinois country grain dealers quoted shelled corn
bids were 10 to 11 cents higher at 6.53-6.63.
Soybean bids were 16 to 20 cents
higher at 14.12-14.24.
In the Southern part of the state, shelled corn bids were 6 to
10 cents higher at 6.26-6.72.
Soybean bids were 16 to 18 cents
higher at 14.10-14.26.
Wheat bids were mostly 3 to 7
cents lower at 6.96-7.17.
[to top of second column] |
Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Tuesday are listed below in dollars per bushel:
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
|
NORTHERN |
6.45 - 6.58 |
14.00 - 14.11 |
|
|
WESTERN |
6.44 - 6.52 |
13.98 - 14.12 |
|
|
N. CENT. |
6.54 - 6.60 |
14.12 - 14.24 |
|
|
S. CENTRAL |
6.53 - 6.63 |
14.12 - 14.20 |
|
|
WABASH |
6.59 - 6.69 |
14.17 - 14.26 |
7.00 - 7.07 |
|
W.S. WEST |
6.26 - 6.56 |
14.10 - 14.22 |
6.96 - 7.09 |
|
L. EGYPT |
6.64 - 6.72 |
14.21 - 14.26 |
7.01 - 7.17 |
Central Illinois average price
Corn: 6.58 (+14 K)
Soybeans:
14.18 (+22 1/2 K)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.06 - 5.20 |
12.04 - 12.18 |
|
|
WESTERN |
5.03 - 5.14 |
12.02 - 12.09 |
|
|
N. CENT. |
5.04 - 5.16 |
12.02 - 12.12 |
|
|
S. CENTRAL |
5.06 - 5.22 |
12.13 - 12.23 |
|
|
WABASH |
5.12 - 5.25 |
12.12 - 12.18 |
6.82 - 6.99 |
|
W.S. WEST |
5.05 - 5.16 |
12.21 - 12.28 |
6.99 - 7.12 |
|
L. EGYPT |
5.15 - 5.26 |
12.11 - 12.25 |
6.84 - 6.99 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
4/4/2013 |
3/28/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
6.45 1/2 +15 1/2K |
7.09 +14K |
|
Soybeans |
13.91 +19K |
14.20 +15K |
Annual Comparison
|
|
March 2013 |
April 2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.33
+16 1/2K |
6.34 - 1/2K |
|
Soybeans |
14.62 +17K |
14.23 -17 1/2K |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
