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Illinois country grain prices were
mixed on Wednesday.
Lower outside markets pressured
soybean values.
Wheat found support from an
unfavorable weather forecast for the Great Plains.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids mixed at 7.40-7.57.
Soybean bids were 3 to 4 cents
lower at
14.08-14.28.
In Central Illinois country grain dealers quoted shelled corn
bids were mostly steady at 7.54-7.69.
Soybean bids were 3 to 5 cents
lower at
14.26-14.41.
In the Southern part of the state, shelled corn bids were mostly
unchanged at 7.34-7.80.
Soybean bids were 3 to 5 cents
lower at 14.41-14.61.
Wheat bids were 3 to 5 cents
higher at 8.56-8.71.
[to top of second column] |
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 |
7.50 - 7.57 |
14.08 - 14.19 |
|
|
WESTERN |
7.40 - 7.46 |
14.14 - 14.28 |
|
|
N. CENT. |
7.54 - 7.61 |
14.26 - 14.38 |
|
|
S. CENTRAL |
7.60 - 7.69 |
14.31 - 14.41 |
|
|
WABASH |
7.63 - 7.76 |
14.45 - 14.51 |
8.61 - 8.63 |
|
W.S. WEST |
7.34 - 7.50 |
14.41 - 14.45 |
8.70 - 8.71 |
|
L. EGYPT |
7.72 - 7.80 |
14.51 - 14.61 |
8.56 - 8.66 |
Central Illinois average price
Corn: 7.61 1/2 (+ 1/2 Z)
Soybeans:
14.33 1/2 (-12 1/2 F)
CONTRACT BIDS FOR JANUARY 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
7.48 - 7.63 |
14.12 - 14.23 |
|
|
WESTERN |
7.43 - 7.55 |
14.18 - 14.27 |
|
|
N. CENT. |
7.52 - 7.63 |
14.31 - 14.41 |
|
|
S. CENTRAL |
7.56 - 7.74 |
14.35 - 14.44 |
|
|
WABASH |
7.70 - 7.84 |
14.45 - 14.51 |
8.48 - 8.58 |
|
W.S. WEST |
7.41 - 7.59 |
14.25 - 14.40 |
8.39 - 8.48 |
|
L. EGYPT |
7.82 - 7.89 |
14.51 - 14.64 |
8.49 - 8.56 |
***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] |
