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 (Copy)
Illinois country grain prices were
mixed on Monday afternoon. Technical selling at the Board of
Trade pressured soybean values. Additional pressure was put on
by weekly export inspections below trade expectations.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids steady to 3 cents higher at 6.33-6.45. Soybean
bids traded 12 to 15 cents lower at 14.35-14.50.
In Central Illinois country grain dealers quoted shelled corn
bids were 8 cents higher at 6.34-6.59. Soybean bids were 12 to
13 cents lower at 14.42-14.55.
In the Southern part of the state, shelled corn bids were steady
to 4 cents higher at 6.45-6.62. Soybean bids were 8 to 13 cents
lower at 14.52-14.68. Wheat bids were 1 to 5 cents higher at
5.87-6.09.
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Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Monday
are listed below in dollars per bushel:
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
| NORTHERN |
6.33 - 6.45 |
14.35 - 14.41 |
|
| WESTERN |
6.38 - 6.45 |
14.39 - 14.50 |
|
| N. CENT. |
6.34 - 6.48 |
14.42 - 14.52 |
|
| S. CENTRAL |
6.48 - 6.59 |
14.43 - 14.55 |
|
| WABASH |
6.45 - 6.54 |
14.52 - 14.60 |
5.87 - 5.97 |
| W.S. WEST |
6.50 - 6.58 |
14.56 - 14.68 |
6.01 - 6.09 |
| L. EGYPT |
6.46 - 6.62 |
14.53 - 14.66 |
5.92 - 6.04 |
Central Illinois average price
Corn: 6.46 1/2 (+26 1/2N)
Soybeans: 14.48 1/2 (-17 1/2N)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
| NORTHERN |
4.82 - 4.96 |
13.09 - 13.19 |
|
| WESTERN |
4.80 - 4.88 |
13.09 - 13.24 |
|
| N. CENT. |
4.87 - 4.95 |
13.13 - 13.23 |
|
| S. CENTRAL |
4.88 - 5.00 |
13.14 - 13.24 |
|
| WABASH |
5.00 - 5.07 |
13.19 - 13.26 |
5.87 - 5.99 |
| W.S. WEST |
4.99 - 5.07 |
13.30 - 13.42 |
6.10 - 6.16 |
|
L. EGYPT |
5.01 - 5.06 |
13.19 - 13.27 |
5.92 - 6.06 |
***June/July 2012 Delivery
Cent. Ill. Average Price at Country
Elevators
| Week of |
5/4/2012 |
4/26/2012 |
| |
Price Basis |
Price Basis |
| Corn |
6.36
1/2 22N |
6.22 -2K |
| Soybeans |
14.58 1/2 -15N |
14.63 1/2 -18K |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield]
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