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 (Copy)
Illinois country grain prices were
mixed on Wednesday afternoon. Soybean bids closed higher
supported by an increase in export interest. In the cash
markets, trading has been moderate to active. The cash corn
basis weakened at many corn processors today with losses of 7 to
10 cents noted. Lower rates for barge freight at many river
terminals strengthened both the corn and soybean basis levels.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids mostly steady to 2 cents lower at 7.28-7.47.
Soybean bids were steady to 7 cents higher at 14.93-15.12.
In Central Illinois country grain dealers quoted shelled corn
bids were 2 to 3 cents lower at 7.46-7.65. Soybean bids were 1
cent higher at 15.11-15.27.
In the Southern part of the state, shelled corn bids were 1 cent
lower at 7.39-7.72. Soybean bids were 1 cent higher at
15.01-15.28. Wheat bids were mostly steady to 1 cent higher at
8.38-8.65. [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 |
7.39 - 7.47 |
15.09 - 15.12 |
|
|
WESTERN |
7.28 - 7.30 |
14.93 - 15.07 |
|
|
N. CENT. |
7.46 - 7.62 |
15.11 - 15.27 |
|
|
S. CENTRAL |
7.46 - 7.65 |
15.14 - 15.22 |
|
|
WABASH |
7.62 - 7.72 |
15.01 - 15.12 |
8.40 - 8.56 |
|
W.S. WEST |
7.39 - 7.67 |
15.14 - 15.28 |
8.48 - 8.65 |
|
L. EGYPT |
7.57 - 7.67 |
15.07 - 15.15 |
8.38 - 8.55 |
Central Illinois average price
Corn: 7.55 1/2 (- 1 Z)
Soybeans:
15.19 (-13 X)
CONTRACT BIDS FOR JANUARY 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
7.39 - 7.54 |
15.08 - 15.19 |
|
|
WESTERN |
7.36 - 7.50 |
15.12 - 15.14 |
|
|
N. CENT. |
7.52 - 7.65 |
15.17 - 15.31 |
|
|
S. CENTRAL |
7.64 - 7.76 |
15.30 - 15.39 |
|
|
WABASH |
7.75 - 7.80 |
15.17 - 15.30 |
8.16 - 8.20 |
|
W.S. WEST |
7.53 - 7.76 |
15.40 - 15.58 |
8.02
- 8.27 |
|
L. EGYPT |
7.80 - 7.82 |
15.28 - 15.32 |
8.12 - 8.21 |
***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] |
