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Illinois country grain prices were lower on Tuesday afternoon,
with corn and soybeans sharply lower. The lack of export news,
especially from
China, and fund selling at the Board of Trade pushed grain
futures lower.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 16 cents lower at 6.29-6.39. Soybean bids
traded 22 to 26 cents
lower at 13.10-13.27.
In Central Illinois country grain dealers quoted shelled corn
bids were 16 cents lower at 6.36-6.53. Soybean bids were mostly
20 to 22 cents
lower at 13.24-13.32.
In the Southern part of the state, shelled corn bids were 16 to
19 cents lower at 6.45-6.64. Soybean bids were 18 to 24 cents
lower at 13.27-13.47. Wheat bids were 9 to 10 cents lower at 6.20-6.48.
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Commercial grain prices paid farmers by Interior Illinois
Country Elevators after 2.00 p.m. today are listed below in
dollars per bushel:
AREA US 2 CORN US 1 SOYBEANS US 2 SOFT WHEAT
NORTHERN 6.29 - 6.39
13.10 - 13.19
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WESTERN 6.30 - 6.39
13.16 - 13.27
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N. CENTRAL 6.36 - 6.45
13.24 - 13.28
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S. CENTRAL 6.43 - 6.53
13.26 - 13.32
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WABASH 6.56 - 6.62
13.29 - 13.34
6.20 - 6.38
W.S. WEST 6.45 - 6.48
13.27 - 13.47
6.20 - 6.36
L. EGYPT 6.58 -
6.64 13.33 - 13.41
6.47 - 6.48
Central Illinois average price
Corn 6.44 1/2 (- 3 K)
Soybeans 13.28 (-17 K)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
AREA
CORN
SOYBEANS ** SOFT WHEAT**
NORTHERN 5.18 - 5.30
12.59 - 12.69
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WESTERN 5.17 - 5.28
12.60 - 12.72
-----------
N. CENTRAL 5.20 - 5.30
12.67 - 12.78
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S. CENTRAL 5.28 - 5.38
12.67 - 12.77
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WABASH 5.30 - 5.40
12.72 - 12.77 6.20 - 6.28
W.S. WEST 5.32 - 5.35
12.77 - 12.84 6.37 - 6.42
L. EGYPT 5.40 -
5.41 12.71 - 12.77
6.22 - 6.32
**June/July 2012 Delivery
[Text copied from
USDA-IL Dept of Ag
Market News, Springfield] |
