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 (Copy)
Illinois country grain prices were
mixed on Monday afternoon, with wheat and soybeans closing
lower.
Fund selling at the Board of Trade
helped to push soybean and wheat futures lower.
The USDA's Weekly Crop Progress
report indicated the Illinois corn harvest was now 71% complete,
compared to 54% one week ago.
The state's soybean harvest had
reached 22% done, compared to only 8% last week.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids steady to 1 cent higher at 7.24-7.47.
Soybean bids were 41 to 49 cents
lower at 15.12-15.44.
In Central Illinois country grain dealers quoted shelled corn
bids were steady to 1 cent higher at 7.50-7.67.
Soybean bids were 41 to 52 cents
lower at 15.38-15.55.
In the Southern part of the state, shelled corn bids were steady
to 1 cent higher at 7.44-7.72.
Soybean bids were 41 to 46 cents
lower at 15.30-15.56.
Wheat bids were 16 to 20 cents
lower at 8.49-8.70.
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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 |
7.39 - 7.47 |
15.31 - 15.44 |
|
|
WESTERN |
7.24 - 7.31 |
15.12 - 15.35 |
|
|
N. CENT. |
7.50 - 7.62 |
15.43 - 15.55 |
|
|
S. CENTRAL |
7.56 - 7.67 |
15.38 - 15.55 |
|
|
WABASH |
7.63 - 7.72 |
15.30 - 15.40 |
8.50 - 8.64
|
|
W.S. WEST |
7.44 - 7.65 |
15.42 - 15.56 |
8.65 - 8.70 |
|
L. EGYPT |
7.57 - 7.66 |
15.35 - 15.40 |
8.49 - 8.64 |
Central Illinois average price
Corn: 7.58 (+
1 1/2Z)
Soybeans:
15.46 1/2 (-14 X)
CONTRACT BIDS FOR JANUARY 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
7.40 - 7.54 |
15.39 - 15.53 |
|
|
WESTERN |
7.36 - 7.49 |
15.32 - 15.46 |
|
|
N. CENT. |
7.58 - 7.68 |
15.51 - 15.60 |
|
|
S. CENTRAL |
7.63 - 7.79 |
15.61 - 15.70 |
|
|
WABASH |
7.76 - 7.87 |
15.47 - 15.61 |
8.18 - 8.22 |
|
W.S. WEST |
7.52 - 7.78 |
15.60 - 15.75 |
8.04 - 8.26 |
|
L. EGYPT |
7.80 - 7.85 |
15.59 - 15.63 |
8.14 - 8.24 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
9/20/2012 |
9/13/2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.52 + 6Z |
7.81 +7Z |
|
Soybeans |
16.07 - 12X |
17.54 1/2 +7X |
Annual Comparison
|
|
August 2012
|
August 2011 |
| |
Price--Basis |
Price--Basis |
|
Corn |
8.15 +12 U |
7.30 +16 U |
|
Soybeans |
17.09 +44 X |
13.59 -11 X |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
