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 (Copy)
Illinois country grain prices were
lower on Monday afternoon.
Technical selling at the Board of
Trade weakened grain futures.
A slow export market and missed
export opportunities weighed on corn and wheat values.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids mostly 7 to 10 cents lower at 7.83-8.05.
Soybean bids were 18 to 21 cents
lower
at 17.09-17.24.
In Central Illinois country grain dealers quoted shelled corn
bids were 8 to 9 cents lower at 8.00-8.24.
Soybean bids were 12 to 13 cents
lower at 17.41-17.74.
In the Southern part of the state, shelled corn bids were 8
cents lower at 8.11-
8.34.
Soybean bids were mostly 13 to 21
cents lower at 17.12-17.64.
Wheat bids were mostly 2 to 6
cents lower at 8.37-8.57.
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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 |
7.83 - 8.05 |
17.09 - 17.17 |
|
|
WESTERN |
7.89 - 7.99 |
17.12 - 17.24 |
|
|
N. CENT. |
8.00 - 8.09 |
17.41 - 17.55 |
|
|
S. CENTRAL |
8.16 - 8.24 |
17.62 - 17.74 |
|
|
WABASH |
8.19 - 8.33 |
17.49 - 17.64 |
8.37 - 8.57 |
|
W.S. WEST |
8.11 - 8.23 |
17.12 - 17.27 |
8.43 - 8.57 |
|
L. EGYPT |
8.25 - 8.34 |
17.39 - 17.61 |
8.42 - 8.53 |
Central Illinois average price
Corn: 8.12 (+17 1/2 U)
Soybeans:
17.57 1/2 (+39 X)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
7.76 - 7.85 |
16.88 - 16.97 |
|
|
WESTERN |
7.70 - 7.79 |
16.87 - 16.94 |
|
|
N. CENT. |
7.86 - 8.00 |
17.00 - 17.06 |
|
|
S. CENTRAL |
8.04 - 8.16 |
17.04 - 17.22 |
|
|
WABASH |
8.16 - 8.29 |
17.08 - 17.24 |
8.14 - 8.17 |
|
W.S. WEST |
7.71 - 7.74 |
17.15 - 17.32 |
7.90 - 7.99 |
|
L. EGYPT |
8.21 - 8.26 |
17.17 - 17.24 |
8.09 - 8.19 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
8/23/2012 |
8/16/2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
8.27 +18 U |
8.11 1/2 +14 1/2 U |
|
Soybeans |
17.53 1/2 +38 1/2 X |
16.77 1/2 +52 X
|
Annual Comparison
|
|
July 2012 |
July 2011 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.85 +25 1/2 U |
6.96 +28 U |
|
Soybeans |
16.60 +23 X |
13.65 + 3 1/2 X |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
