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 (Copy)
Illinois country grain prices were
mixed on Monday afternoon, with corn and soybeans lower and
wheat higher.
Rainfall that fell over some of
the cornbelt last weekend weighed on soybean futures.
In the Weekly Crop Progress
report, the USDA placed 23% of the US corn crop in the
good to excellent category, down 1% from one week ago.
They placed 29% of the US soybean
crop in the good to excellent range, which was
unchanged from last week.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids mostly 7 to 10 cents lower at 7.86-8.07.
Soybean bids traded 49 to 60 cents
lower at 15.79-15.98.
In Central Illinois country grain dealers quoted shelled corn
bids were 4 to 9 cents lower at 8.00-8.17.
Soybean bids were 48 to 49 cents
lower
at 16.25-16.40.
In the Southern part of the state, shelled corn bids were 7 to 8
cents lower at 7.91-8.37.
Soybean bids were 39 to 43 cents
lower at
16.07-16.35.
Wheat bids were 1 to 2 cents
higher at 8.66-8.90.
[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 |
7.86 - 7.97 |
15.79 - 15.89 |
|
|
WESTERN |
7.98 - 8.07 |
15.84 - 15.98 |
|
|
N. CENT. |
8.00 - 8.13 |
16.31 - 16.35 |
|
|
S. CENTRAL |
8.06 - 8.17 |
16.25 - 16.40 |
|
|
WABASH |
8.20 - 8.33 |
16.09 - 16.29 |
8.68 - 8.83 |
|
W.S. WEST |
7.91 - 8.05 |
16.07 - 16.35 |
8.66 - 8.74 |
|
L. EGYPT |
8.32 - 8.37 |
16.09 - 16.19 |
8.84 - 8.90 |
Central Illinois average price
Corn: 8.08 1/2 (+ 5 1/2 U)
Soybeans:
16.32 1/2 (+48 X)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
7.80 - 7.93 |
15.46 - 15.52 |
|
|
WESTERN |
7.70 - 7.83 |
15.51 - 15.58 |
|
|
N. CENT. |
7.84 - 7.95 |
15.48 - 15.62 |
|
|
S. CENTRAL |
7.96 - 8.17 |
15.64 - 15.74 |
|
|
WABASH |
8.05 - 8.18 |
15.66 - 15.84 |
8.09 - 8.21 |
|
W.S. WEST |
7.91 - 7.94 |
15.69 - 15.82 |
7.86 - 7.94 |
|
L. EGYPT |
8.03 - 8.15 |
15.74 - 15.84 |
8.18 - 8.25 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
8/02/2012 |
7/26/2012 |
| |
Price Basis |
Price Basis |
|
Corn |
8.03 1/2 + 9 1/2 U |
7.95 1/2 +14 U |
|
Soybeans |
16.80 1/2 +62 1/2 X
|
16.80 1/2 +25 Q |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
