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Illinois country grain prices were
higher on Tuesday.
Renewed buying interest in the
soybeans and soybean meal markets supported other grain
markets during the day .
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 4 to 6 cents higher at 7.23-7.37.
Soybean bids were 18 to 25 cents
higher at 13.78-14.06.
In Central Illinois country grain dealers quoted shelled corn
bids were 4 to 5 cents higher at 7.35-7.49.
Soybean bids were 18 to 20 cents
higher at
13.98-14.08.
In the Southern part of the state, shelled corn bids were 4 to 6
cents higher at 7.25-7.60.
Soybean bids were 18 to 20 cents
higher at 14.06-14.28.
Wheat bids were 3 to 4 cents
higher at 8.25-8.40.
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Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Tuesday
are listed below in dollars per bushel:
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
NORTHERN |
7.24 - 7.37 |
13.78 - 13.88 |
|
WESTERN |
7.23 - 7.36 |
13.85 - 14.06 |
|
N. CENT. |
7.35 - 7.46 |
13.99 - 14.08 |
|
S. CENTRAL |
7.38 - 7.49 |
13.98 - 14.08 |
|
WABASH |
7.49 - 7.59 |
14.18 - 14.20 |
8.35 - 8.40 |
W.S. WEST |
7.25 - 7.35 |
14.06 - 14.18 |
8.38 - 8.40 |
L. EGYPT |
7.51 - 7.60 |
14.18 - 14.28 |
8.25 - 8.30 |
Central Illinois average price
Corn: 7.42 (- 1 Z)
Soybeans:
14.03 (-10 F)
CONTRACT BIDS FOR JANUARY 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
7.37 - 7.53 |
13.79 - 13.88 |
|
WESTERN |
7.27 - 7.38 |
13.82 - 14.09 |
|
N. CENT. |
7.42 - 7.52 |
14.00 - 14.13 |
|
S. CENTRAL |
7.49 - 7.57 |
13.99 - 14.10 |
|
WABASH |
7.56 - 7.65 |
14.09 - 14.20 |
8.15 - 8.23 |
W.S. WEST |
7.33 - 7.42 |
14.01 - 14.20 |
8.06 - 8.13 |
L. EGYPT |
7.63 - 7.72 |
14.03 - 14.18 |
8.15 - 8.21 |
***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]
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