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 ***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 Thursday afternoon,
with soybeans and corn higher and wheat lower. Both corn and
soybean futures were given a boost from higher than expected
weekly export sales figures with both above 1.0 million metric
tonnes.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 1 cent higher at 6.38-6.48. Soybean bids
traded 12 to 15 cents higher at 14.04-14.20.
In Central Illinois country grain dealers quoted shelled corn
bids were 2 cents higher at 6.51-6.66. Soybean bids were 14 to
15 cents higher at 14.11-14.23.
In the Southern part of the state, shelled corn bids were 1 cent
higher at 6.54-6.78. Soybean bids were 15 cents higher at
14.19-14.35. Wheat bids were mixed at 6.17-6.39.
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Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m.
are listed below in dollars per bushel:
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
| NORTHERN |
6.38 - 6.45 |
14.04 - 14.13 |
|
| WESTERN |
6.43 - 6.48 |
14.09 - 14.20 |
|
| N. CENT. |
6.51 - 6.57 |
14.11 - 14.20 |
|
| S. CENTRAL |
6.58 - 6.66 |
14.16 - 14.23 |
|
| WABASH |
6.64 - 6.74 |
14.19 - 14.24 |
6.17 - 6.29 |
| W.S. WEST |
6.54 - 6.62 |
14.22 - 14.35 |
6.27 - 6.37 |
| L. EGYPT |
6.63 - 6.78 |
14.22 - 14.34 |
6.27 - 6.39 |
Central Illinois average price
Corn: 6.58 1/2 ( opt K)
Soybeans: 14.17 (-17 K)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
| NORTHERN |
5.07 - 5.20 |
13.31 - 13.44 |
|
| WESTERN |
5.06 - 5.15 |
13.33 - 13.45 |
|
| N. CENT. |
5.10 - 5.21 |
13.42 - 13.52 |
|
| S. CENTRAL |
5.14 - 5.28 |
13.41 - 13.52 |
|
| WABASH |
5.20 - 5.30 |
13.44 - 13.52 |
6.17 - 6.36 |
| W.S. WEST |
5.22 - 5.25 |
13.43 - 13.55 |
6.29 - 6.40 |
|
L. EGYPT |
5.30 - 5.31 |
13.37 - 13.51 |
6.16 - 6.31 |
***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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