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Illinois country grain prices were
lower on Tuesday.
Wheat prices fell in reaction to
the morning's USDA Supply Demand report.
Carryover figures for wheat were
higher than expected.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids mostly 2 to 5 cents lower at 7.06-7.25.
Soybean bids were 2 to 6 cents
lower at 14.36-14.52.
In Central Illinois country grain dealers quoted shelled corn
bids were 2 to 4 cents lower at 7.21-7.36.
Soybean bids were 2 to 5 cents
lower at
14.55-14.71.
In the Southern part of the state, shelled corn bids were 2 to 6
cents lower at 6.99-7.44.
Soybean bids were mostly 3 cents
lower at 14.71-14.90.
Wheat bids were 17 to 23 cents
lower at 7.87-8.12.
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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 |
7.12 - 7.25 |
14.36 - 14.45 |
|
WESTERN |
7.06 - 7.16 |
14.36 - 14.52 |
|
N. CENT. |
7.21 - 7.28 |
14.55 - 14.68 |
|
S. CENTRAL |
7.26 - 7.36 |
14.62 - 14.71 |
|
WABASH |
7.27 - 7.31 |
14.72 - 14.84 |
7.96 - 8.11 |
W.S. WEST |
6.99 - 7.16 |
14.71 - 14.83 |
7.97 - 8.12 |
L. EGYPT |
7.35 - 7.44 |
14.80 - 14.90 |
7.87 - 8.02 |
Central Illinois average price
Corn: 7.28 1/2 (+ 1/2 H)
Soybeans:
14.63 (- 9 F)
CONTRACT BIDS FOR JANUARY 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
5.81 - 5.96 |
12.71 - 12.87 |
|
WESTERN |
5.80 - 5.93 |
12.66 - 12.78 |
|
N. CENT. |
5.87 - 5.98 |
12.80 - 12.91 |
|
S. CENTRAL |
5.92 - 6.08 |
12.80 - 12.95 |
|
WABASH |
5.97 - 6.18 |
12.90 - 12.92 |
8.00 - 8.12 |
W.S. WEST |
5.67 - 5.88 |
12.77 - 12.86 |
8.00 - 8.02 |
L. EGYPT |
6.03 - 6.12 |
12.90 - 12.92 |
8.04 - 8.10 |
***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] |