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Illinois country grain prices were
mixed on Monday afternoon.
Corn futures ended higher supported by strong cash basis levels
and an increase in export interest.
Monday's Crop Condition report
from the National Ag Statistics Service indicated that US
farmers now had 85% of the soybean crop planted compared to 71%
last week and 91% for the five year average.
Illinois producers made great
progress reaching 90% complete, compared to 62% last week and
87% for the five year average.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were mostly 13 to 14 cents higher at
6.97-7.18.
Soybean bids were mostly 2 to 4
cents lower at 15.08-15.19.
In Central Illinois country grain dealers quoted shelled corn
bids were 13 to 14 cents higher at 6.91-7.08.
Soybean bids were 1 to 5 cents
lower at 15.35-15.50.
In the Southern part of the state, shelled corn bids were 13 to
14 cents higher at 6.94-7.19.
Soybean bids were 2 to 4 cents
lower at 15.28-15.61.
Wheat bids were steady to 4 cents
lower at 6.61-6.80.
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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 |
7.02 - 7.18 |
15.10 - 15.19 |
|
|
WESTERN |
6.97 - 7.13 |
15.08 - 15.17 |
|
|
N. CENT. |
6.97 - 7.08 |
15.35 - 15.46 |
|
|
S. CENTRAL |
6.91 - 7.03 |
15.40 - 15.50 |
|
|
WABASH |
7.05 - 7.19 |
15.43 - 15.53 |
6.61 - 6.67 |
|
W.S. WEST |
6.94 - 7.14 |
15.28 - 15.38 |
6.69 - 6.80 |
|
L. EGYPT |
7.12 - 7.19 |
15.53 - 15.61 |
6.61 - 6.71 |
Central Illinois average price
Corn: 6.99 1/2 (+31 N)
Soybeans:
15.42 1/2 (+30 N)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.06 - 5.24 |
12.47 - 12.66 |
|
|
WESTERN |
5.05 - 5.16 |
12.48 - 12.60 |
|
|
N. CENT. |
5.03 - 5.18 |
12.55 - 12.77 |
|
|
S. CENTRAL |
5.11 - 5.25 |
12.66 - 12.71 |
|
|
WABASH |
5.10 - 5.19 |
12.61 - 12.76 |
|
|
W.S. WEST |
5.12 - 5.25 |
12.72 - 12.86 |
|
|
L. EGYPT |
5.16 - 5.24 |
12.66 - 12.76 |
|
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
6/6/2013 |
5/30/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
6.94 +31N |
6.89 +35N |
|
Soybeans |
15.52 1/2 +25N |
15.31 1/2 +36N |
Annual Comparison
|
|
May
2013 |
June
2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
6.83
+31N |
6.30 +27N |
|
Soybeans |
15.10 +72N |
14.15 - 7N |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
