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Illinois country grain prices were
higher on Monday.
Grain prices moved higher on
technical buying at the Board of Trade.
Soybeans received an additional
boost from positive export news.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 10 to 16 cents higher at 7.17-7.33.
Soybean bids were 8 to 12 cents
higher at 13.60-13.81.
In Central Illinois country grain dealers quoted shelled corn
bids were 12 to 15 cents higher at 7.30-7.45.
Soybean bids were 10 to 15 cents
higher at 13.77-13.90.
In the Southern part of the state, shelled corn bids were 12 to
15 cents higher at 7.19-7.55.
Soybean bids were 9 to 15 cents
higher at 13.88-14.10.
Wheat bids were 4 to 7 cents
higher at 8.22-8.37.
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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 |
7.21 - 7.33 |
13.60 - 13.70 |
|
WESTERN |
7.17 - 7.25 |
13.67 - 13.81 |
|
N. CENT. |
7.30 - 7.41 |
13.79 - 13.90 |
|
S. CENTRAL |
7.34 - 7.45 |
13.77 - 13.89 |
|
WABASH |
7.37 - 7.55 |
13.97 - 14.07 |
8.27 - 8.37 |
W.S. WEST |
7.19 - 7.29 |
13.88 - 14.05 |
8.35 - 8.37 |
L. EGYPT |
7.47 - 7.55 |
13.95 - 14.10 |
8.22 - 8.27 |
Central Illinois average price
Corn: 7.37 1/2 (- 1 1/2 Z)
Soybeans:
13.83 1/2 (-11 1/2 F)
CONTRACT BIDS FOR JANUARY 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
7.35 - 7.50 |
13.62 - 13.70 |
|
WESTERN |
7.23 - 7.39 |
13.70 - 13.85 |
|
N. CENT. |
7.35 - 7.47 |
13.82 - 13.95 |
|
S. CENTRAL |
7.44 - 7.56 |
13.84 - 13.96 |
|
WABASH |
7.52 - 7.58 |
13.91 - 14.05 |
8.10 - 8.21 |
W.S. WEST |
7.28 - 7.34 |
13.92 - 14.02 |
8.04 - 8.11 |
L. EGYPT |
7.59 - 7.68 |
13.87 - 14.00 |
8.13 - 8.19 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
Week of |
11/15/2012 |
11/8/2012 |
|
Price--Basis |
Price--Basis |
Corn |
7.20 - 1Z |
7.39 1/2 + 2 1/2Z
|
Soybeans |
13.90 1/2 -11F |
14.84 1/2 -11 X |
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] |