(Copy)
Illinois country grain prices were
mixed on Monday afternoon with wheat slightly higher and corn
and soybean futures lower.
In quiet trading, soybean futures
fell due to technical and speculator selling at the Board of
Trade.
Though soybean futures were lower,
export inspection figures were very good at 59.4 million
bushels.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids mostly 4 to 6 cents lower at 7.13-7.30.
Soybean bids were 19 to 24 cents
lower at 14.69-14.84.
In Central Illinois country grain dealers quoted shelled corn
bids were 4 to 5 cents lower at 7.28-7.42.
Soybean bids were 20 to 24 cents
lower
at 14.85-15.01.
In the Southern part of the state, shelled corn bids were mostly
4 to 6 cents lower at 7.19-7.55.
Soybean bids were 20 to 24 cents
lower at
14.82-15.00.
Wheat bids were mostly 1 to 2
cents higher at 8.46-8.60.
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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 |
7.20 - 7.30 |
14.70 - 14.84 |
|
WESTERN |
7.13 - 7.23 |
14.69 - 14.83 |
|
N. CENT. |
7.28 - 7.40 |
14.88 - 14.99 |
|
S. CENTRAL |
7.36 - 7.42 |
14.85 - 15.01 |
|
WABASH |
7.44 - 7.55 |
14.82 - 14.94 |
8.51 - 8.56 |
W.S. WEST |
7.19 - 7.29 |
14.85 - 15.00 |
8.51 - 8.60 |
L. EGYPT |
7.44 - 7.48 |
14.98 - 15.00 |
8.46 - 8.51 |
Central Illinois average price
Corn: 7.35 (- 1/2 Z)
Soybeans:
14.93 (-10 X)
CONTRACT BIDS FOR JANUARY 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
7.28 - 7.42 |
14.70 - 14.87 |
|
WESTERN |
7.21 - 7.28 |
14.83 - 14.93 |
|
N. CENT. |
7.30 - 7.43 |
14.93 - 14.99 |
|
S. CENTRAL |
7.35 - 7.53 |
15.02 - 15.13 |
|
WABASH |
7.50 - 7.65 |
14.94 - 15.03 |
8.36 - 8.44 |
W.S. WEST |
7.20 - 7.36 |
15.05 - 15.17 |
8.26 - 8.34 |
L. EGYPT |
7.58 - 7.66 |
15.03 - 15.11 |
8.36
- 8.42 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
Week of |
11/1/2012 |
10/25/2012 |
|
Price--Basis |
Price--Basis |
Corn |
7.51 1/2 + 1/2 Z |
7.40 - 2Z
|
Soybeans |
15.53 -5 1/2 X |
15.52 -12X |
Annual Comparison
|
October 2012 |
October 2011 |
|
Price--Basis |
Price--Basis |
Corn |
7.48 - 2Z |
6.23 - 9Z |
Soybeans |
15.27 -12X |
11.87 -27X |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |