Calendar | Logan County Extension Unit | Ag News Elsewhere [fresh daily from the Web]


Illinois grain prices in country elevators

Send a link to a friend

[May 10, 2013]  SPRINGFIELD -- This is Thursday's report of the grain prices and trends, prepared by the USDA and the Illinois Department of Agriculture.

(Copy)

Illinois country grain prices were sharply higher on Thursday afternoon.

Technical trading at the Board of Trade helped to boost corn, wheat and soybean values.

Many traders also evened positions ahead of Friday's release of new Supply Demand
forecasts by the USDA.

In Northern and Western Illinois country grain dealers quoted shelled corn bids were 15 to 16 cents higher at 6.72-6.89.

Soybean bids were mostly 18 cents higher at 14.69-14.89.

In Central Illinois country grain dealers quoted shelled corn bids were 16 to 19 cents higher at 6.74-6.85.

Soybean bids were 19 to 24 cents higher at
14.91-15.04.

In the Southern part of the state, shelled corn bids were 16 to 21 cents higher
at 6.68-6.89.

Soybean bids were 18 to 21 cents higher at 14.80-15.00.

Wheat bids were 18 cents higher at 7.04-7.25.

[to top of second column]

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

6.72 - 6.89 14.69 - 14.78  

WESTERN 

6.73 - 6.83 14.72 - 14.89  

N. CENT.

6.77 - 6.85 14.92 - 15.04  

S. CENTRAL

6.74 - 6.84 14.91 - 15.04  

WABASH 

6.76 - 6.89 14.80 - 14.91 7.04 - 7.11

W.S. WEST

6.68 - 6.81 14.90 - 15.00 7.15 - 7.25

L. EGYPT

6.84 - 6.89 14.84 - 14.94 7.14 - 7.19

Central Illinois average price

Corn:  6.79 1/2 (+31 N)
Soybeans:
14.97 1/2 (+89 N)


CONTRACT BIDS FOR NEW CROP 2013 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN

5.07 - 5.16 11.79 - 11.89  

WESTERN 

5.08 - 5.15 11.81 - 11.87  

N. CENT.

5.08 - 5.21 11.85 - 12.02  

S. CENTRAL

5.10 - 5.24 11.90 - 12.06  

WABASH 

5.14 - 5.24 11.89 - 11.94 6.90 - 7.04

W.S. WEST

5.11 - 5.21 11.95 - 12.04 6.99 - 7.20

L. EGYPT

5.19 - 5.27 11.86 - 11.99 6.95 - 7.10

***June/July 2013 delivery
 

Cent. Ill. Average Price at Country Elevators

Week of

5/2/2013

4/25/2013

  Price--Basis Price--Basis

Corn

6.87 1/2 +25 1/2N

6.49 1/2 +4K

Soybeans

14.44 1/2 +71 1/2N

14.49 1/2 +26K

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]

< Recent articles

Back to top


 

News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries

Community | Perspectives | Law & Courts | Leisure Time | Spiritual Life | Health & Fitness | Teen Scene
Calendar | Letters to the Editor