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Illinois country grain prices were
higher on Thursday afternoon.
Soybean futures gained strength
from higher than expected weekly export sales figures for
soybeans and soybean meal.
The USDA also announced the sale
of 123,000 tonnes of US soybeans to China for the 2013-2014 crop
year.
Corn also was supported by strong
weekly export sales figures and cash market.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 8 to 12 cents higher at 7.07-7.20.
Soybean bids were 7 to 9 cents
higher at 14.46-14.59.
In Central Illinois country grain dealers quoted shelled corn
bids were 7 to 9 cents higher at 7.16-7.27.
Soybean bids were up 9 to 16 cents
at 14.64-14.79.
In the Southern part of the state, shelled corn bids were mostly
7 to 8 cents higher at 7.08-7.40.
Soybean bids were 13 cents higher
at 14.71-14.94.
Wheat bids were 3 to 4 cents
higher at 7.02-7.23.
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Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Thursday are listed below in dollars per bushel:
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
|
NORTHERN |
7.07 - 7.13 |
14.48 - 14.57 |
|
|
WESTERN |
7.08 - 7.20 |
14.46 - 14.59 |
|
|
N. CENT. |
7.16 - 7.26 |
14.64 - 14.74 |
|
|
S. CENTRAL |
7.16 - 7.27 |
14.70 - 14.79 |
|
|
WABASH |
7.27 - 7.34 |
14.77 - 14.89 |
7.02 - 7.15 |
|
W.S. WEST |
7.08 - 7.27 |
14.71 - 14.82 |
7.10 - 7.23 |
|
L. EGYPT |
7.33 - 7.40 |
14.88 - 14.94 |
7.12 - 7.23 |
Central Illinois average price
Corn: 7.21 1/2 (+ 2 H)
Soybeans:
14.71 1/2 (- 3 H)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.27 - 5.39 |
12.19 - 12.28 |
|
|
WESTERN |
5.19 - 5.35 |
12.15 - 12.27 |
|
|
N. CENT. |
5.22 - 5.32 |
12.17 - 12.29 |
|
|
S. CENTRAL |
5.22 - 5.37 |
12.25 - 12.38 |
|
|
WABASH |
5.29 - 5.32 |
12.30 - 12.35 |
6.85 - 6.99 |
|
W.S. WEST |
5.22 - 5.34 |
12.33 - 12.44 |
6.95 - 6.96 |
|
L. EGYPT |
5.32 - 5.42 |
12.30 - 12.44 |
6.84 - 6.96 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
2/21/2013 |
2/14/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.00 +9H |
7.03
1/2 +9H |
|
Soybeans |
14.96 1/2 +9H |
14.27 1/2 +9 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] |
