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Illinois country grain prices were
mixed on Wednesday afternoon, with soybeans
and wheat moving higher.
Traders were still concentrating
on the hot and dry extended weather forecast to support prices.
Wheat was also supported by good
export interest.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids mostly steady to 3 cents lower at 6.36-6.57.
Soybean bids traded 10 to 13 cents
higher at 14.28-14.39.
In Central Illinois country grain dealers quoted shelled corn
bids were mixed at 6.42-6.50.
Soybean bids were 11 to 12 cents
higher at 14.34-14.48.
Wheat bids were 14 to 15 cents
higher at 6.39-6.62.
In the Southern part of the state, shelled corn bids were mixed
at 6.33-6.63.
Soybean bids were 12 cents higher
at 14.35-14.55.
Wheat bids were 11 to 15 cents
higher at 6.54-6.79.
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 |
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 |
6.40 - 6.57 |
14.28 - 14.35 |
|
|
WESTERN |
6.36 - 6.47 |
14.28 - 14.39 |
|
|
N. CENT. |
6.42 - 6.49 |
14.34 - 14.45 |
|
|
S. CENTRAL |
6.43 - 6.50 |
14.37 - 14.48 |
6.39 - 6.62 |
|
WABASH |
6.52 - 6.55 |
14.38 - 14.43 |
6.59 - 6.70 |
|
W.S. WEST |
6.33 - 6.43 |
14.43 - 14.55 |
6.54 - 6.55 |
|
L. EGYPT |
6.54 - 6.63 |
14.35 - 14.52 |
6.67 - 6.79 |
Central Illinois average price
Corn: 6.46 (+34 N)
Soybeans:
14.41 (- 5 1/2N)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.25 - 5.45 |
13.52 - 13.63 |
|
|
WESTERN |
5.26 - 5.36 |
13.58 - 13.66 |
|
|
N. CENT. |
5.29 - 5.39 |
13.58 - 13.70 |
|
|
S. CENTRAL |
5.35 - 5.44 |
13.56 - 13.71 |
--- |
|
WABASH |
5.37 - 5.47 |
13.66 - 13.75 |
--- |
|
W.S. WEST |
5.38 - 5.49 |
13.72 - 13.86 |
--- |
|
L. EGYPT |
5.45 - 5.59 |
13.63 - 13.75 |
--- |
***June/July 2012 Delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
6/14/2012 |
6/07/2012 |
| |
Price Basis |
Price Basis |
|
Corn |
6.401/2 +39 N |
6.21 1/2 +27 1/2 N |
|
Soybeans |
13.791/2 -81/2 N |
14.20 - 8 N |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
