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Illinois country grain prices were
lower on Thursday afternoon.
Traders again took profits before
the weekend and before the USDA's reports next
week.
Weekly export sales were above
expectations for corn, as expected for wheat and below
expectations for soybeans.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids mostly 4 to 8 cents lower at 7.72-8.00.
Soybean bids traded 28 to 31 cents
lower at 16.31-16.50.
In Central Illinois country grain dealers quoted shelled corn
bids were 6 to 7 cents lower at 7.93-8.14.
Soybean bids were 26 to 28 cents
lower
at 16.65-16.93.
In the Southern part of the state, shelled corn bids were 8 to 9
cents lower at 7.83-8.28.
Soybean bids were 32 to 38 cents
lower at 16.40-16.68.
Wheat bids were 10 to 18 cents
lower at 8.38-8.62.
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 |
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 |
7.72 - 7.83 |
16.31 - 16.41 |
|
|
WESTERN |
7.87 - 8.00 |
16.32 - 16.50 |
|
|
N. CENT. |
7.93 - 8.09 |
16.65 - 16.87 |
|
|
S. CENTRAL |
8.04 - 8.14 |
16.77 - 16.93 |
|
|
WABASH |
8.19 - 8.24 |
16.40 - 16.62 |
8.47 - 8.55 |
|
W.S. WEST |
7.83 - 8.05 |
16.60 - 16.68 |
8.38 - 8.60 |
|
L. EGYPT |
8.19 - 8.28 |
16.51 - 16.62 |
8.56 - 8.62 |
Central Illinois average price
Corn: 8.03 1/2 (+ 9 1/2 U)
Soybeans:
16.79 (+62 1/2 X)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
7.65 - 7.78 |
15.81 - 15.86 |
|
|
WESTERN |
7.62 - 7.76 |
15.84 - 15.90 |
|
|
N. CENT. |
7.70 - 7.86 |
15.81 - 15.92 |
|
|
S. CENTRAL |
7.96 - 8.08 |
15.92 - 16.03 |
|
|
WABASH |
8.00 - 8.08 |
15.99 - 16.17 |
7.85 - 8.00 |
|
W.S. WEST |
7.79 - 7.83 |
15.99 - 16.11 |
7.57 - 7.76 |
|
L. EGYPT |
7.94 - 8.06 |
16.07 - 16.17 |
7.80 - 7.89 |
Cent. Ill. Average Price at Country
Elevators
|
Week of |
7/19/2012 |
7/12/2012
|
| |
Price Basis |
Price Basis |
|
Corn |
8.29 +21 U |
7.62 +31 U
|
|
Soybeans |
17.61 1/2 +28 Q |
15.93 +20 1/2
Q |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
