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Illinois country grain prices were
mixed on Tuesday afternoon, with soybeans higher and corn and
wheat lower.
Soybean values were supported by
the announcement from the USDA with the sale of 110,000 metric
tonnes of US soybeans to China for 2012-2013 delivery.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 3 to 5 cents lower at 7.80-8.00.
Soybean bids were mixed at
17.03-17.28.
In Central Illinois country grain dealers quoted shelled corn
bids were mostly 3 to 6 cents lower at 7.99-8.19.
Soybean bids were mixed at
17.44-17.68.
In the Southern part of the state, shelled corn bids were 4 to 5
cents lower at
8.07-8.29.
Soybean bids were mixed at
17.07-17.67. Wheat bids were 11 to 16 cents lower at 8.23-8.46.
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 |
Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Tuesday
are listed below in dollars per bushel:
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
|
NORTHERN |
7.80 - 8.00 |
17.03 - 17.11 |
|
|
WESTERN |
7.84 - 7.94 |
17.23 - 17.28 |
|
|
N. CENT. |
7.99 - 8.04 |
17.44 - 17.55 |
|
|
S. CENTRAL |
8.11 - 8.19 |
17.56 - 17.68 |
|
|
WABASH |
8.14 - 8.28 |
17.52 - 17.67 |
8.30 - 8.32 |
|
W.S. WEST |
8.07 - 8.16 |
17.07 - 17.26 |
8.23 - 8.40 |
|
L. EGYPT |
8.20 - 8.29 |
17.42 - 17.57 |
8.35 - 8.46 |
Central Illinois average price
Corn: 8.09 (+19 1/2 U)
Soybeans:
17.56 (+34 X)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
7.75 - 7.80 |
16.91 - 17.00 |
|
|
WESTERN |
7.67 - 7.76 |
16.91 - 16.98 |
|
|
N. CENT. |
7.81 - 7.99 |
17.03 - 17.09 |
|
|
S. CENTRAL |
8.01 - 8.09 |
17.07 - 17.22 |
|
|
WABASH |
8.11 - 8.24 |
17.11 - 17.27 |
8.13 - 8.16 |
|
W.S. WEST |
7.66 - 7.69 |
17.19 - 17.38 |
7.88 - 7.99 |
|
L. EGYPT |
8.16 - 8.20 |
17.20 - 17.27 |
8.08 - 8.17 |
***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] |
