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Illinois country grain prices were
mixed on Thursday afternoon, with corn and wheat higher and
soybeans slightly lower.
Export news helped to support
higher grain futures. Exporters reported to the USDA that they
had sold 217,424 tonnes of US corn to an unknown destination.
In wheat, it was reported Egypt
bought 475,000 tonnes from Russia, Romania, and the
Ukraine, indicating good world demand.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 4 to 8 cents higher at 7.80-8.07.
Soybean bids were mixed at
17.16-17.33.
In Central Illinois country grain dealers quoted shelled corn
bids were 2 to 6 cents higher at 7.90-8.17.
Soybean bids were steady to 5
cents lower at 17.42-17.53.
In the Southern part of the state, shelled corn bids were mostly
7 to 9 cents higher at 7.96-8.26.
Soybean bids were mixed at
17.19-17.47.
Wheat bids were 22 to 24 cents
higher at 8.57-8.74.
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 |
Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Thursday
are listed below in dollars per bushel:
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
|
NORTHERN |
7.87 - 8.07 |
17.16 - 17.22 |
|
|
WESTERN |
7.80 - 7.91 |
17.20 - 17.33 |
|
|
N. CENT. |
7.90 - 8.08 |
17.42 - 17.53 |
|
|
S. CENTRAL |
8.05 - 8.17 |
17.42 - 17.52 |
|
|
WABASH |
8.09 - 8.24 |
17.37 - 17.47 |
8.57 - 8.67 |
|
W.S. WEST |
7.96 - 8.13 |
17.19 - 17.33 |
8.67 - 8.74 |
|
L. EGYPT |
8.22 - 8.26 |
17.32 - 17.37 |
8.62 - 8.72 |
Central Illinois average price
Corn: 8.03 1/2 (+ 5 Z)
Soybeans:
17.47 1/2 (+ 1/2 X)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
7.79 - 7.98 |
17.20 - 17.34 |
|
|
WESTERN |
7.75 - 7.90 |
17.29 - 17.36 |
|
|
N. CENT. |
7.96 - 8.11 |
17.32 - 17.49 |
|
|
S. CENTRAL |
8.05 - 8.21 |
17.47 - 17.61 |
|
|
WABASH |
8.12 - 8.28 |
17.36 - 17.48 |
8.29 - 8.32 |
|
W.S. WEST |
7.80 - 7.96 |
17.52 - 17.63 |
8.06 - 8.14 |
|
L. EGYPT |
8.25 - 8.31 |
17.48 - 17.61 |
8.32
- 8.35 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
8/30/2012 |
8/23/2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
8.18 + 6 1/2 U |
8.27 +18 U |
|
Soybeans |
17.85 1/2 +22 1/2 X |
17.53 1/2 +38 1/2 X |
Annual Comparison
|
|
July 2012 |
July 2011 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.85 +25 1/2 U |
6.96 +28 U |
|
Soybeans |
16.60 +23 X |
13.65 + 3 1/2 X |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
