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Illinois country grain prices were
mixed on Tuesday, though soybean futures closed sharply lower.
The announcement by the USDA of
the cancellation of 300,000 tonnes of US soybeans by China,
pushed prices lower.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 4 cents lower at 7.02-7.19.
Soybean bids were 28 to 30 cents
lower at 14.30-14.51.
In Central Illinois country grain dealers quoted shelled corn
bids were 4 to 6 cents lower at 7.11-7.29.
Soybean bids were mostly 25 to 30
cents lower at 14.52-14.68.
In the Southern part of the state, shelled corn bids were 4 to 6
cents lower at 6.94-7.36.
Soybean bids were 26 to 30 cents
lower at 14.66-14.91.
Wheat bids were steady to 3 cents
higher at 7.85-8.11.
[to top of second column] |
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 |
7.07 - 7.19 |
14.36 - 14.49 |
|
|
WESTERN |
7.02 - 7.08 |
14.30 - 14.51 |
|
|
N. CENT. |
7.11 - 7.24 |
14.52 - 14.66 |
|
|
S. CENTRAL |
7.18 - 7.29 |
14.63 - 14.68 |
|
|
WABASH |
7.23 - 7.35 |
14.66 - 14.78 |
7.94 - 8.01 |
|
W.S. WEST |
6.94 - 7.08 |
14.76 - 14.91 |
7.85 - 8.01 |
|
L. EGYPT |
7.27 - 7.36 |
14.76 - 14.87 |
7.91 - 8.11 |
Central Illinois average price
Corn: 7.20 (+ 0 H)
Soybeans:
14.60 (- 6 F)
CONTRACT BIDS FOR JANUARY 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.76 - 5.84 |
12.55 - 12.70 |
|
|
WESTERN |
5.76 - 5.89 |
12.56 - 12.67 |
|
|
N. CENT. |
5.83 - 5.97 |
12.70 - 12.81 |
|
|
S. CENTRAL |
5.88 - 6.03 |
12.70 - 12.83 |
|
|
WABASH |
5.92 - 6.03 |
12.75 - 12.80 |
7.95 - 7.99 |
|
W.S. WEST |
5.82 - 5.90 |
12.65 - 12.77 |
7.77 - 7.84 |
|
L. EGYPT |
5.98 - 6.07 |
12.79
- 12.80 |
7.87 - 7.97 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
12/13/2012 |
12/6/2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.21 1/2 +1 1/2 H
|
7.52 + 1/2 H
|
|
Soybeans |
14.68 -8 1/2 F
|
14.77 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] |
