(Copy)
Illinois country grain prices were
mixed on Monday.
Long liquidation of contracts on
the Board of Trade and uncertainty in the soybean markets before
the release of the monthly USDA Supply and Demand report, kept
markets mixed at the close.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 3 to 7 cents lower at 7.06-7.30.
Soybean bids were 2 to 5 cents
higher at 14.38-14.57.
In Central Illinois country grain dealers quoted shelled corn
bids were 5 to 8 cents lower at 7.23-7.38.
Soybean bids were mostly 2 to 4
cents
higher at 14.58-14.74.
In the Southern part of the state, shelled corn bids were 5 to 7
cents lower at 7.01-7.50.
Soybean bids were 3 to 6 cents
higher at 14.74-14.93.
Wheat bids were 10 to 14 cents
lower at 8.16-8.39.
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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 |
7.17 - 7.30 |
14.38 - 14.50 |
|
WESTERN |
7.06 - 7.18 |
14.38 - 14.57 |
|
N. CENT. |
7.23 - 7.30 |
14.58 - 14.71 |
|
S. CENTRAL |
7.28 - 7.38 |
14.64 - 14.74 |
|
WABASH |
7.30 - 7.36 |
14.75 - 14.87 |
8.16 - 8.39 |
W.S. WEST |
7.01 - 7.18 |
14.74 - 14.84 |
8.25 - 8.39 |
L. EGYPT |
7.37 - 7.50 |
14.80 - 14.93 |
8.16 - 8.29 |
Central Illinois average price
Corn: 7.30 1/2 (+ 1/2 H)
Soybeans:
14.66 (- 9 F)
CONTRACT BIDS FOR JANUARY 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
5.90 - 6.05 |
12.79 - 12.95 |
|
WESTERN |
5.90 - 6.02 |
12.79 - 12.90 |
|
N. CENT. |
5.96 - 6.07 |
12.93 - 13.04 |
|
S. CENTRAL |
5.97 - 6.13 |
12.93 - 13.08 |
|
WABASH |
6.12 - 6.27 |
12.77 - 13.05 |
8.26 - 8.35 |
W.S. WEST |
5.82 - 5.97 |
12.90 - 13.00 |
8.20 - 8.27 |
L. EGYPT |
6.12
- 6.21 |
12.79 - 13.05 |
8.29 - 8.35 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
Week of |
12/6/2012 |
11/29/2012 |
|
Price--Basis |
Price--Basis |
Corn |
7.52 + 1/2 H |
7.55 + 3 1/2 Z
|
Soybeans |
14.77 1/2 -13 1/2 F
|
14.34 1/2 -13 1/2 F |
Annual Comparison
|
November 2012 |
November 2011 |
|
Price--Basis |
Price--Basis |
Corn |
7.39 - 1Z |
6.26 - 3Z |
Soybeans |
14.39 -11X |
11.51 -24X |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |