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 (Copy)
Illinois country grain prices were
lower on Tuesday afternoon.
Many traders took profits at the
Board of Trade and many wanted to even positions before the
release of the USDA's report.
Wednesday morning USDA will
release new Supply Demand and Crop Production numbers.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 15 to 17 cents lower at 7.36-7.52.
Soybean bids traded mostly 12 to
17 cents lower at 16.20-16.30.
In Central Illinois country grain dealers quoted shelled corn
bids were 14 to 19 cents lower at 7.45-7.60.
Soybean bids were 13 to 21 cents
lower at 16.00-16.29.
Wheat bids were 6 to 7 cents lower
at 7.85-8.05.
In the Southern part of the state, shelled corn bids were 17 to
18 cents lower at 7.47-7.69.
Soybean bids were 15 to 16 cents
lower at 16.05-16.42.
Wheat bids were mostly 7 to 10
cents lower at 7.69-8.31.
[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 |
7.36 - 7.48 |
16.20 - 16.28 |
|
|
WESTERN |
7.39 - 7.52 |
16.21 - 16.30 |
|
|
N. CENT. |
7.45 - 7.53 |
16.00 - 16.29 |
|
|
S. CENTRAL |
7.52 - 7.60 |
16.09 - 16.21 |
7.85 - 8.05 |
|
WABASH |
7.60 - 7.69 |
16.05 - 16.10 |
8.07 - 8.21 |
|
W.S. WEST |
7.47 - 7.56 |
16.34 - 16.42 |
7.69 - 7.83 |
|
L. EGYPT |
7.59 - 7.68 |
16.31 - 16.40 |
8.22 - 8.31 |
Central Illinois average price
Corn: 7.52 1/2 (+34 U)
Soybeans:
16.14 1/2 (+24 Q)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
6.79 - 6.88 |
15.00 - 15.16 |
|
|
WESTERN |
6.77 - 6.84 |
15.08 - 15.14 |
|
|
N. CENT. |
6.89 - 6.98 |
15.03 - 15.13 |
|
|
S. CENTRAL |
6.92 - 7.11 |
15.11 - 15.23 |
|
|
WABASH |
7.13 - 7.18 |
15.26 - 15.34 |
|
|
W.S. WEST |
6.93 - 6.99 |
15.23 - 15.34 |
|
|
L. EGYPT |
7.07 - 7.18 |
15.17 - 15.36 |
|
Cent. Ill. Average Price at Country
Elevators
|
Week of |
7/5/2012 |
6/28/2012
|
| |
Price Basis |
Price Basis |
|
Corn |
7.48
+39 U |
6.67 +15 N
|
|
Soybeans |
16.03
+20 Q |
14.60 - 6 N
|
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
