Calendar | Logan County Extension Unit | Ag News Elsewhere [fresh daily from the Web]


Illinois grain prices in country elevators

Send a link to a friend

[June 29, 2012]  SPRINGFIELD -- This is Thursday's report of the grain prices and trends, prepared by the USDA and the Illinois Department of Agriculture.

(Copy)

Illinois country grain prices were mixed on Thursday afternoon.

More traders evened positions at the Board of Trade as they prepared for the release of two major crop reports by the USDA.

Friday morning the USDA will release their Quarterly Grain Stocks and Planting Intentions reports.

In Northern and Western Illinois country grain dealers quoted shelled corn bids steady to 1 cent lower at 6.49-6.64.

Soybean bids traded 5 to 6 cents lower at 14.51-14.62.

In Central Illinois country grain dealers quoted shelled corn bids were mixed at 6.58-6.76.

Soybean bids were mostly 5 to 6 cents lower at 14.52-14.68.

Wheat bids were mostly 4 to 6 cents lower at 6.95-7.10.

In the Southern part of the state, shelled corn bids were mixed at 6.55-6.97.

Soybean bids were 4 to 5 cents lower at 14.59-14.74.

Wheat bids were mostly 4 to 6 cents lower at 7.09-7.53.

[to top of second column]

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

6.49 - 6.64 14.51 - 14.56  

WESTERN 

 6.50 - 6.61 14.53 - 14.62  

N. CENT.

6.58 - 6.69 14.56 - 14.68  

S. CENTRAL

6.64 - 6.76 14.52 - 14.65 6.95 - 7.10

WABASH 

6.89 - 6.97 14.59 - 14.66 7.26 - 7.36

W.S. WEST

6.55 - 6.68 14.63 - 14.72  7.09 - 7.16

L. EGYPT

6.85 - 6.96 14.61 - 14.74 7.43 - 7.53

Central Illinois average price

Corn: 6.67 (+15 N)
Soybeans:
14.60 (- 6 N)

CONTRACT BIDS FOR NEW CROP 2012 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN

5.92 - 5.96 13.63 - 13.74  

WESTERN 

5.90 - 6.00 13.74 - 13.78  

N. CENT.

5.95 - 6.06 13.66 - 13.78  

S. CENTRAL

6.00 - 6.17 13.73 - 13.85 ---

WABASH 

6.08 - 6.17 13.79 - 13.94 ---

W.S. WEST

6.09 - 6.19 13.85 - 13.93

---

L. EGYPT

6.11 - 6.25

13.77 - 13.85

---

 

Cent. Ill. Average Price at Country Elevators

Week of

6/21/2012 6/14/2012
  Price Basis Price Basis

Corn

6.09 +22 1/2 N

6.401/2 +39 N

Soybeans

14.32 - 6 1/2 N

13.791/2 -81/2 N

[Text copied from USDA-IL Dept of Ag Market News, Springfield]

< Recent articles

Back to top


 

News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries

Community | Perspectives | Law & Courts | Leisure Time | Spiritual Life | Health & Fitness | Teen Scene
Calendar | Letters to the Editor