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Illinois country grain prices were
mixed on Monday afternoon, with soybeans and wheat higher and
corn lower.
Good demand for soybean meal and
stronger soybean meal values helped to lift soybean prices.
As expected Illinois farmers made
very little progress with planting last week. According to the
National Ag Statistics Service, 91% of the Illinois corn crop
had been planted, compared to 89% last week.
Illinois farmers had completed 49%
of their soybean planting, compared to 40% last
week.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 6 to 11 cents lower at 6.83-6.99.
Soybean bids were at 22 cents
higher at 15.27-15.42.
In Central Illinois country grain dealers quoted shelled corn
bids were 6 to 8 cents lower at 6.80-6.96.
Soybean bids were 10 to 13 cents
higher at
15.45-15.66.
In the Southern part of the state, shelled corn bids were mostly
5 to 6 cents lower at 6.82-7.04.
Soybean bids were 23 to 24 cents
higher at 15.54-15.88.
Wheat bids were mostly 3 cents
higher at 6.88-7.12.
[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 |
6.89 - 6.99 |
15.27 - 15.37 |
|
|
WESTERN |
6.83 - 6.96 |
15.38 - 15.42 |
|
|
N. CENT. |
6.83 - 6.96 |
15.57 - 15.66 |
|
|
S. CENTRAL |
6.80 - 6.92 |
15.45 - 15.63 |
|
|
WABASH |
6.84 - 7.00 |
15.72 - 15.83 |
6.88 - 6.90 |
|
W.S. WEST |
6.82 - 6.96 |
15.54 - 15.55 |
7.03 - 7.12 |
|
L. EGYPT |
6.96 - 7.04 |
15.78 - 15.88 |
6.89 - 6.94 |
Central Illinois average price
Corn: 6.88 (+32 N)
Soybeans:
15.55 1/2 (+23 N)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.28 - 5.42 |
12.80 - 12.96 |
|
|
WESTERN |
5.26 - 5.38 |
12.88 - 12.92 |
|
|
N. CENT. |
5.30 - 5.40 |
12.93 - 13.14 |
|
|
S. CENTRAL |
5.33 - 5.46 |
13.06 - 13.13 |
|
|
WABASH |
5.33 - 5.42 |
13.00 - 13.06 |
|
|
W.S. WEST |
5.26 - 5.42 |
13.07 - 13.14 |
|
|
L. EGYPT |
5.37 - 5.45 |
13.01 - 13.06 |
|
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
5/30/2013 |
5/23/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
6.89 +35N |
6.951/2 +331/2 N |
|
Soybeans |
15.311/2 +36N |
15.351/2 +36N |
Annual Comparison
|
|
April 2013 |
May
2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
6.57
+ 8K |
6.27 +26K |
|
Soybeans |
14.30 +20 1/2K |
14.04 -14K |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
