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 (Copy)
Illinois country grain prices were
lower on Monday afternoon, with soybean futures sharply lower.
Lower than expected weekly export
inspection figures, along with technical and speculative selling
pushed soybean values lower.
Beneficial rainfall for the Plains
states weighed on wheat prices.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 6 to 9 cents lower at 6.90-7.00.
Soybean bids were 23 to 28 cents
lower at 14.12-14.24.
In Central Illinois country grain dealers quoted shelled corn
bids were 7 to 8 cents lower at 7.03-7.20.
Soybean bids were 21 cents lower
at 14.35-14.46.
In the Southern part of the state, shelled corn bids were 7
cents lower at 6.97-7.27.
Soybean bids were 19 to 21 cents
lower at 14.40-14.58.
Wheat bids were 13 to 14 cents
lower at 7.37-7.58.
[to top of second column] |
Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Monday are listed below in dollars per bushel:
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
|
NORTHERN |
6.90 - 6.99 |
14.21 - 14.24 |
|
|
WESTERN |
6.93 - 7.00 |
14.12 - 14.22 |
|
|
N. CENT. |
7.03 - 7.11 |
14.35 - 14.46 |
|
|
S. CENTRAL |
7.10 - 7.20 |
14.35 - 14.46 |
|
|
WABASH |
7.09 - 7.19 |
14.44 - 14.51 |
7.37 - 7.49 |
|
W.S. WEST |
6.97 - 7.07 |
14.40 - 14.48 |
7.42 - 7.56 |
|
L. EGYPT |
7.17 - 7.27 |
14.51 - 14.58 |
7.47 - 7.58 |
Central Illinois average price
Corn: 7.11 1/2 (+ 9 H)
Soybeans:
14.40 1/2 (+ 9 H)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.19 - 5.28 |
12.25 - 12.37 |
|
|
WESTERN |
5.19 - 5.29 |
12.22 - 12.36 |
|
|
N. CENT. |
5.20 - 5.34 |
12.28 - 12.40 |
|
|
S. CENTRAL |
5.21 - 5.39 |
12.35 - 12.48 |
|
|
WABASH |
5.28 - 5.36 |
12.36 - 12.48 |
7.19 - 7.23 |
|
W.S. WEST |
5.26 - 5.34 |
12.45 - 12.55 |
7.12 - 7.20 |
|
L. EGYPT |
5.34 - 5.44 |
12.39 - 12.52 |
7.09 - 7.28 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
2/7/2013 |
1/31/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.20 1/2 +10H |
7.48 + 7 1/2H |
|
Soybeans |
14.94 1/2 + 8H |
14.82 +13 1/2H |
Annual Comparison
|
|
January 2013 |
February 2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.17 + 2H |
6.41 + 1/2H |
|
Soybeans |
14.30 +11H
|
12.40 -15 H |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
