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

[April 24, 2012]  SPRINGFIELD -- This is Monday's report of the grain prices and trends, prepared by the USDA and the Illinois Department of Agriculture.

(Copy)

Illinois country grain prices were mixed on Monday afternoon, with corn and wheat higher and soybeans lower. Export interest and export sales supported corn futures. Today the USDA announced the sale of 120,000 tonnes of US corn to an unknown destination. The USDA's Weekly Crop Progress reported Illinois farmers have now completed 59% of the states corn planting,
compared to 41% last week and 10% last year.

In Northern and Western Illinois country grain dealers quoted shelled corn bids 7 to 10 cents higher at 6.06-6.17. Soybean bids traded 9 to 10 cents lower at 14.12-14.20.

In Central Illinois country grain dealers quoted shelled corn bids were 10 to 11 cents higher at 6.16-6.32. Soybean bids were 8 to 10 cents lower at 14.13-14.26.

In the Southern part of the state, shelled corn bids were 10 cents higher at 6.24-6.45. Soybean bids were 8 to 10 cents lower at 14.23-14.45. Wheat bids were 7 to 10 cents higher at 6.10-6.25.

[to top of second column]

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 6.06 - 6.12 14.12 - 14.17  
WESTERN  6.09 - 6.17 14.13 - 14.20  
N. CENT. 6.16 - 6.22 14.13 - 14.22  
S. CENTRAL 6.29 - 6.32 14.14 - 14.26  
WABASH  6.29 - 6.39 14.23 - 14.29 6.10 - 6.15
W.S. WEST 6.24 - 6.29 14.28 - 14.41 6.14 - 6.22
L. EGYPT 6.36 - 6.45 14.27 - 14.45 6.10 - 6.25

Central Illinois average price

Corn: 6.24 (+ 1 1/2K)
Soybeans:
14.19 1/2 (-17 1/2K)

CONTRACT BIDS FOR NEW CROP 2012 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN 5.15 - 5.21 12.94 - 13.04  
WESTERN  5.00 - 5.09 12.94 - 13.07  
N. CENT. 5.08 - 5.17 13.02 - 13.11  
S. CENTRAL 5.10 - 5.23 12.97 - 13.11  
WABASH  5.16 - 5.26 13.07 - 13.12 6.08 - 6.18
W.S. WEST 5.14 - 5.28 13.06 - 13.20

6.26 - 6.38

L. EGYPT

5.25 - 5.27

12.99 - 13.12

6.08 - 6.24

***June/July 2012 Delivery

 

Cent. Ill. Average Price at Country Elevators
Week of 4/19/2012 4/12/2012
  Price Basis Price Basis
Corn

6.21 1/2 + 1/2 K

6.38 + 1/2 K

Soybeans

13.98 1/2 -17 1/2 K

14.17 -17 1/2 K


[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