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 (Copy)
As compared to last Friday,
Illinois country grain prices were lower on Wednesday afternoon.
Wheat prices were pushed lower due
to beneficial moisture from the latest snow storm, along with
the concern with poor export demand due to threatened strike by
longshoremen.
Soybeans went lower despite the
announced sales of US soybeans by the USDA.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids mostly 4 to 9 cents lower at 6.75-7.01.
Soybean bids were 6 to 11 cents
lower at 13.95-14.08.
In Central Illinois country grain dealers quoted shelled corn
bids were 9 cents lower at 6.84-7.02.
Soybean bids were 5 to 6 cents
lower at 14.12-14.31.
In the Southern part of the state, shelled corn bids were 9
cents lower at 6.73-7.09.
Soybean bids were 6 to 7 cents
lower at 14.25-14.46.
Wheat bids were 17 cents lower at
7.52-7.75.
[to top of second column] |
Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Wednesday are listed below in dollars per bushel:
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
|
NORTHERN |
6.83 - 7.01 |
13.95 - 14.05 |
|
|
WESTERN |
6.75 - 6.90 |
13.97 - 14.08 |
|
|
N. CENT. |
6.84 - 6.96 |
14.12 - 14.24 |
|
|
S. CENTRAL |
6.91 - 7.02 |
14.20 - 14.31 |
|
|
WABASH |
6.95 - 7.03 |
14.25 - 14.35 |
7.61 - 7.75 |
|
W.S. WEST |
6.73 - 6.81 |
14.29 - 14.35 |
7.52 - 7.65 |
|
L. EGYPT |
7.00 - 7.09 |
14.35 - 14.46 |
7.55 - 7.75 |
Central Illinois average price
Corn: 6.93 (+ 0 H)
Soybeans:
4.21 1/2 (- 3 F)
CONTRACT BIDS FOR JANUARY 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.53 - 5.70 |
12.53 - 12.65 |
|
|
WESTERN |
5.53 - 5.64 |
12.45 - 12.60 |
|
|
N. CENT. |
5.60 - 5.74 |
12.60 - 12.70 |
|
|
S. CENTRAL |
5.64 - 5.79 |
12.60 - 12.75 |
|
|
WABASH |
5.72 - 5.74 |
12.60 - 12.70 |
7.60 - 7.61 |
|
W.S. WEST |
5.54 - 5.66 |
12.57 - 12.69 |
7.35 - 7.47 |
|
L. EGYPT |
5.74 - 5.83 |
12.60 - 12.70 |
7.50 - 7.60 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
12/20/2012 |
12/13/2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
6.96 1/2 opt H
|
7.21 1/2 +1 1/2 H
|
|
Soybeans |
14.03 1/2 - 5 1/2 F
|
14.68 -8 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] |
