(Copy)
Illinois country grain prices were
slightly higher on Monday.
Wheat futures were supported by
export interest along with the dry soil conditions in the
western growing regions.
Soybean futures received a boost
from the export sale of soybean oil and good demand.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 4 to 6 cents higher at 7.27-7.43.
Soybean bids were 13 to 16 cents
higher at 13.86-14.07.
In Central Illinois country grain dealers quoted shelled corn
bids were 6 cents higher at 7.35-7.56.
Soybean bids were 11 to 16 cents
higher
at 14.04-14.20.
In the Southern part of the state, shelled corn bids were 6 to
10 cents higher at 7.23-7.63.
Soybean bids were 16 to 19 cents
higher at 14.24-14.40.
Wheat bids were mostly 5 to 6
cents higher at 8.29-8.46.
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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 |
7.34 - 7.41 |
13.86 - 13.96 |
|
WESTERN |
7.27 - 7.43 |
13.95 - 14.07 |
|
N. CENT. |
7.35 - 7.48 |
14.04 - 14.18 |
|
S. CENTRAL |
7.42 - 7.56 |
14.10 - 14.20 |
|
WABASH |
7.52 - 7.63 |
14.25 - 14.30 |
8.34 - 8.40 |
W.S. WEST |
7.23 - 7.46 |
14.24 - 14.35 |
8.43 - 8.46 |
L. EGYPT |
7.62 - 7.63 |
14.30 - 14.40 |
8.29 - 8.34 |
Central Illinois average price
Corn: 7.45 1/2 (- 2 Z)
Soybeans:
14.12 (-13 F)
CONTRACT BIDS FOR JANUARY 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
7.38 - 7.54 |
13.91 - 13.97 |
|
WESTERN |
7.30 - 7.42 |
13.94 - 14.06 |
|
N. CENT. |
7.46 - 7.62 |
14.12 - 14.24 |
|
S. CENTRAL |
7.45 - 7.61 |
14.10 - 14.22 |
|
WABASH |
7.60 - 7.71 |
14.25 - 14.30 |
8.20 - 8.29 |
W.S. WEST |
7.32 - 7.40 |
14.19 - 14.26 |
8.10 - 8.19 |
L. EGYPT |
7.71 - 7.73 |
14.30 - 14.43 |
8.21 - 8.27 |
***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] |