Calendar | Logan County Extension Unit | Ag News Elsewhere [fresh daily from the Web]


Illinois grain prices in country elevators

Send a link to a friend

[August 31, 2012]  SPRINGFIELD -- This is Thursday's report of the grain prices and trends, prepared by the USDA and the Illinois Department of Agriculture.

(Copy)

Illinois country grain prices were mixed on Thursday afternoon.

Soybean futures were supported by strong weekly export sales figures.

In Northern and Western Illinois country grain dealers quoted shelled corn bids mixed at 7.95-8.15.

Soybean bids were mostly 5 cents higher at 17.36-17.52.

In Central Illinois country grain dealers quoted shelled corn bids were 7 to 9 cents lower at 8.08-8.28.

Soybean bids were mostly 3 to 7 cents higher at 17.68-18.03.

In the Southern part of the state, shelled corn bids were mixed at 8.11-8.51.

Soybean bids were mixed at 17.47-17.74.

Wheat bids were steady to 2 cents lower at 8.63-8.80.

[to top of second column]

 

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

8.00 - 8.15 17.36 - 17.39  

WESTERN 

7.95 - 8.07 17.36 - 17.52  

N. CENT.

8.08 - 8.17 17.68 - 17.81  

S. CENTRAL

8.23 - 8.28 17.79 - 18.03  

WABASH 

8.36 - 8.50 17.60 - 17.74 8.74 - 8.78

W.S. WEST

8.11 - 8.15 17.47 - 17.65  8.63 - 8.80

L. EGYPT

8.42 - 8.51 17.63 - 17.69 8.63 - 8.75

Central Illinois average price

Corn: 8.18 (+ 6 1/2 U)
Soybeans:
17.85 1/2 (+22 /2 X)

CONTRACT BIDS FOR NEW CROP 2012 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN

7.85 - 8.07 17.32 - 17.42  

WESTERN 

 7.79 - 7.90 17.35 - 17.49  

N. CENT.

7.94 - 8.08 17.45 - 17.50  

S. CENTRAL

8.15 - 8.25 17.54 - 17.66  

WABASH 

8.21 - 8.37 17.60 - 17.69 8.23 - 8.26

W.S. WEST

7.77 - 7.81 17.44 - 17.58

7.99 - 8.08

L. EGYPT

8.29 - 8.33

17.54 - 17.61

8.18 - 8.28

***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]

< Recent articles

Back to top


 

News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries

Community | Perspectives | Law & Courts | Leisure Time | Spiritual Life | Health & Fitness | Teen Scene
Calendar | Letters to the Editor