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(Copy)
Illinois country grain prices were
lower on Monday afternoon.
Technical selling at the Board of
Trade and profit taking by traders sent prices lower.
Many traders await the USDA's crop
report to be released on Wednesday morning.
In the Weekly Crop Progress
report, the USDA estimated the Illinois corn crop to be 21%
harvested, compared to 12% one week ago.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 16 to 20 cents lower at 7.59-7.88.
Soybean bids were 15 to 18 cents
lower at
16.86-17.03.
In Central Illinois country grain dealers quoted shelled corn
bids were 16 to 17 cents lower at 7.83-7.98.
Soybean bids were mostly 17 to 18
cents lower at 17.12-17.21.
In the Southern part of the state, shelled corn bids were 16 to
17 cents lower at 7.81-8.10.
Soybean bids were 14 to 23 cents
lower at 16.95-17.14. Wheat bids were 13 cents lower at
8.55-8.75.
[to top of second column]
|
 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 |
7.74 - 7.88 |
16.86 - 16.98 |
|
|
WESTERN |
7.59 - 7.72 |
16.91 - 17.03 |
|
|
N. CENT. |
7.83 - 7.93 |
17.13 - 17.21 |
|
|
S. CENTRAL |
7.88 - 7.98 |
17.12 - 17.21 |
|
|
WABASH |
7.93 - 8.08 |
17.00 - 17.09 |
8.55 - 8.65 |
|
W.S. WEST |
7.81 - 7.97 |
16.95 - 17.05 |
8.64 - 8.75 |
|
L. EGYPT |
8.01 - 8.10 |
17.04 - 17.14 |
8.60 - 8.70 |
Central Illinois average price
Corn: 7.90 1/2 (+ 7 Z)
Soybeans:
17.16 1/2 (- 2 X)
CONTRACT BIDS FOR NEW CROP 2012 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
7.72 - 7.83 |
16.93 - 17.06 |
|
|
WESTERN |
7.63 - 7.75 |
16.98 - 17.06 |
|
|
N. CENT. |
7.77 - 7.96 |
16.98 - 17.16 |
|
|
S. CENTRAL |
7.90 - 8.06 |
17.11 - 17.23 |
|
|
WABASH |
7.97 - 8.14 |
17.03 - 17.20 |
8.20 - 8.31 |
|
W.S. WEST |
7.66 - 7.82 |
17.22 - 17.32 |
8.08 - 8.16 |
|
L. EGYPT |
8.10 - 8.17 |
17.20 - 17.33 |
8.34 - 8.36 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
9/6/2012 |
8/30/2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
8.03 1/2 +5Z |
8.18 + 6 1/2 U |
|
Soybeans |
17.47 1/2 + 1/2 X |
17.85 1/2 +22 1/2 X |
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] |
