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Illinois country grain prices were
sharply higher on Thursday afternoon.
The continuation of the hot
temperatures for the cornbelt, especially the eastern cornbelt,
pushed grain prices higher.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 35 to 39 cents higher at 7.35-7.53.
Soybean bids traded 53 to 57 cents
higher at 16.06-16.16.
In Central Illinois country grain dealers quoted shelled corn
bids were 34 to 35 cents higher at 7.38-7.58.
Soybean bids were mostly 53 to 57
cents
higher at 15.90-16.16.
Wheat bids were 39 to 41 cents
higher at 8.02-8.20.
In the Southern part of the state, shelled corn bids were 34 to
39 cents higher at 7.48-7.69.
Soybean bids were 50 to 57 cents
higher at 15.97-16.26.
Wheat bids were 39 to 49 cents
higher at 8.01-8.53.
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 |
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 |
7.35 - 7.44 |
16.06 - 16.15 |
|
|
WESTERN |
7.41 - 7.53 |
16.07 - 16.16 |
|
|
N. CENT. |
7.38 - 7.49 |
15.93 - 16.16 |
|
|
S. CENTRAL |
7.48 - 7.58 |
15.90 - 16.00 |
8.02 - 8.20 |
|
WABASH |
7.54 - 7.69 |
15.97 - 16.00 |
8.23 - 8.43 |
|
W.S. WEST |
7.48 - 7.56 |
16.14 - 16.26 |
8.01 - 8.02 |
|
L. EGYPT |
7.49 - 7.59 |
16.11 - 16.19 |
8.40 - 8.53 |
Central Illinois average price
Corn: 7.48 (+39 U)
Soybeans:
16.03 (+20 Q)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
6.70 - 6.78 |
14.87 - 14.99 |
|
|
WESTERN |
6.68 - 6.76 |
14.97 - 15.00 |
|
|
N. CENT. |
6.79 - 6.92 |
14.89 - 14.96 |
|
|
S. CENTRAL |
6.79 - 6.96 |
14.92 - 15.09 |
--- |
|
WABASH |
6.99 - 7.05 |
15.14 - 15.22 |
--- |
|
W.S. WEST |
6.83 - 6.89 |
15.11 - 15.19 |
--- |
|
L. EGYPT |
6.97 - 7.03 |
15.00 - 15.14 |
--- |
Cent. Ill. Average Price at Country
Elevators
|
Week of |
6/28/2012
|
6/21/2012 |
| |
Price Basis |
Price Basis |
|
Corn |
6.67 +15 N
|
6.09 +22 1/2 N |
|
Soybeans |
14.60 - 6 N
|
14.32 - 6 1/2 N |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
