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 (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.
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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 |
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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]
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