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Illinois country grain prices were
higher on Wednesday afternoon.
Soybean futures received a boost
when the USDA announced the sale of 140,000 tonnes of US
soybeans to an unknown destination.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 15 to 19 cents higher at 7.95-8.15.
Soybean bids traded 17 to 20 cents
higher at 15.89-16.11.
In Central Illinois country grain dealers quoted shelled corn
bids were 15 cents higher at 8.10-8.25.
Soybean bids were 15 to 16 cents
higher
at 16.08-16.28.
In the Southern part of the state, shelled corn bids were 15 to
16 cents higher at 7.99-8.41.
Soybean bids were mostly 15 cents
higher at 16.06-16.16.
Wheat bids were 11 cents higher at
8.73-9.00.
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Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Wednesday
are listed below in dollars per bushel:
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
|
NORTHERN |
7.95 - 8.07 |
15.89 - 15.98 |
|
|
WESTERN |
8.08 - 8.15 |
15.93 - 16.11 |
|
|
N. CENT. |
8.10 - 8.21 |
16.09 - 16.28 |
|
|
S. CENTRAL |
8.17 - 8.25 |
16.08 - 16.21 |
|
|
WABASH |
8.28 - 8.41 |
16.06 - 16.16 |
8.74 - 8.94 |
|
W.S. WEST |
7.99 - 8.21 |
16.08 - 16.12 |
8.73 - 8.85 |
|
L. EGYPT |
8.29 - 8.40 |
16.06 - 16.16 |
8.87 - 9.00 |
Central Illinois average price
Corn: 8.17 1/2 (+ 7 U)
Soybeans:
16.18 (+37 X)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
7.91 - 8.09 |
15.46 - 15.62 |
|
|
WESTERN |
7.82 - 7.95 |
15.48 - 15.60 |
|
|
N. CENT. |
7.95 - 8.02 |
15.55 - 15.71 |
|
|
S. CENTRAL |
8.11 - 8.22 |
15.65 - 15.71 |
|
|
WABASH |
8.17 - 8.30 |
15.53 - 15.63 |
7.90 - 8.08 |
|
W.S. WEST |
8.02 - 8.20 |
15.73 - 15.83 |
7.73 - 7.82 |
|
L. EGYPT |
8.24 - 8.30 |
15.71 - 15.86 |
8.03 - 8.12 |
***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] |
