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 (Copy)
Illinois country grain prices were
lower on Wednesday afternoon.
Speculative and fund selling at
the Board of Trade weakened grain futures.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids mostly 2 to 3 cents lower at 5.76-5.89.
Soybean bids traded 14 to 15 cents
lower at 13.46-13.59.
In Central Illinois country grain dealers quoted shelled corn
bids were 3 cents lower at 5.78-5.92.
Soybean bids were mostly 8 to 14
cents lower at 13.55-13.75.
In the Southern part of the state, shelled corn bids were 2 to 4
cents lower at 5.75-6.08.
Soybean bids were 9 to 12 cents
lower at 13.60-13.78.
Wheat bids were 3 cents lower at
6.27-6.49.
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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 |
5.77 - 5.89 |
13.46 - 13.53 |
|
| WESTERN |
5.76 - 5.84 |
13.53 - 13.59 |
|
| N. CENT. |
5.78 - 5.83 |
13.55 - 13.61 |
|
| S. CENTRAL |
5.82 - 5.92 |
13.63 - 13.75 |
|
| WABASH |
5.94 - 6.02 |
13.60 - 13.68 |
6.27 - 6.38 |
| W.S. WEST |
5.75 - 5.91 |
13.66 - 13.74 |
6.38 - 6.49 |
| L. EGYPT |
5.96 - 6.08 |
13.68 - 13.78 |
6.28 - 6.33 |
Central Illinois average price
Corn: 5.85 (+25 1/2N)
Soybeans: 13.65 (- 8 N)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
| NORTHERN |
4.77 - 4.83 |
12.50 - 12.57 |
|
| WESTERN |
4.79 - 4.86 |
12.53 - 12.65 |
|
| N. CENT. |
4.83 - 4.92 |
12.56 - 12.68 |
|
| S. CENTRAL |
4.86 - 4.99 |
12.53 - 12.69 |
|
| WABASH |
4.93 - 5.02 |
12.62 - 12.72 |
6.29 - 6.38 |
| W.S. WEST |
5.00 - 5.07 |
12.77 - 12.80 |
6.43 - 6.49 |
|
L. EGYPT |
5.01 - 5.02 |
12.61 - 12.72 |
6.30 - 6.36 |
***June/July 2012 Delivery
Cent. Ill. Average Price at Country
Elevators
| Week of |
5/24/2012 |
5/17/2012 |
| |
Price Basis |
Price Basis |
| Corn |
6.05 1/2 +27 N |
6.54 1/2 +29 1/2 N |
| Soybeans |
13.64 1/2 -11 1/2 N |
14.21 1/2 -16 1/2 N |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield]
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