***THIS REPORT WILL NOT BE ISSUED ON FRIDAY
APRIL 6, 2012 DUE TO THE
CHICAGO BOARD OF TRADE BEING CLOSED IN OBSERVANCE OF THE
HOLIDAY***
(Copy)
Illinois country grain prices were mixed on Wednesday afternoon,
with wheat and corn lower and soybeans higher. Soybean futures
were supported by both a projected small South American crop and
lower acres being planted in the US as of last week's ISDA
acreage report estimate.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 1 to 4 cents lower at 6.37-6.47. Soybean bids
traded 1 to 56
cents higher at 13.89-13.98.
In Central Illinois country grain dealers quoted shelled corn
bids were mixed at 6.49-6.64. Soybean bids were 2 to 6 cents
higher at
13.96-14.09.
In the Southern part of the state, shelled corn bids were 1 to 3
cents higher at 6.53-6.77. Soybean bids were 1 to 4 cents higher
at 14.04-14.20.
Wheat bids were 18 to 20 cents lower at 6.20-6.39.
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Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Wednesday
are listed below in dollars per bushel:
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
NORTHERN |
6.37 - 6.44 |
13.89 - 13.98 |
|
WESTERN |
6.38 - 6.47 |
13.95 - 14.07 |
|
N. CENT. |
6.49 - 6.55 |
13.97 - 14.07 |
|
S. CENTRAL |
6.56 - 6.64 |
13.96 - 14.09 |
|
WABASH |
6.63 - 6.73 |
14.04 - 14.10 |
6.20 - 6.27 |
W.S. WEST |
6.53 - 6.60 |
14.08 - 14.20 |
6.27 - 6.36 |
L. EGYPT |
6.62 - 6.77 |
14.08 - 14.20 |
6.26 - 6.39 |
Central Illinois average price
Corn: 6.56 1/2 ( opt K)
Soybeans: 14.03 (-16 1/2 K)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
5.01 - 5.08 |
13.25 - 13.38 |
|
WESTERN |
5.00 - 5.09 |
13.27 - 13.37 |
|
N. CENT. |
5.04 - 5.14 |
13.36 - 13.45 |
|
S. CENTRAL |
5.11 - 5.22 |
13.33 - 13.45 |
|
WABASH |
5.14 - 5.24 |
13.38 - 13.46 |
6.20 - 6.40 |
W.S. WEST |
5.16 - 5.24 |
13.37 - 13.49 |
6.33 - 6.44 |
L. EGYPT |
5.24 - 5.25 |
13.31 - 13.46 |
6.20 - 6.30 |
***June/July 2012 Delivery
Cent. Ill. Average Price at Country
Elevators
Week of |
3/29/2012 |
3/22/2012 |
|
Price Basis |
Price Basis |
Corn |
6.011/2 -21/2 K |
6.65 - 4 K |
Soybeans |
13.351/2 -20K |
13.51 1/2 -17 1/2 K
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[Text copied from
USDA-IL
Dept of Ag Market News, Springfield]
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