[July 25, 2013]SPRINGFIELD
-- This is Wednesday's report of the grain prices and trends,
prepared by the USDA and the Illinois Department of Agriculture.
(Copy)
Illinois country grain prices were
lower on Wednesday afternoon.
Grain prices ended lower, with
soybeans sharply lower for the second day in a row.
Weaker soybean meal values and
technical trading at the Board of Trade helped to push soybean
values down.
The cash soybean basis also moved
down for a second day in a row putting pressure on cash soybean
bids.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 16 to 19 cents lower at 6.41-6.58.
Soybean bids were sharply lower at
13.83-14.15.
In Central Illinois country grain dealers quoted shelled corn
bids were 16 to 19 cents lower at 6.38-6.56.
Soybean bids were sharply lower at
14.12-14.40.
In the Southern part of the state, shelled corn bids were 16 to
19 cents lower at 6.42-6.64.
Soybean bids were sharply lower at
13.98-14.23.
Wheat bids were steady to 1 cent
lower at 6.33-6.52.
