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 (Copy)
Illinois country grain prices were
higher on Wednesday afternoon.
Technical buying at the Board of
Trade helped to support corn, soybean and wheat prices.
Good export interest also helped
to lift soybean values.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids 16 to 21 cents higher at 7.26-7.46.
Soybean bids were 29 to 30 cents
higher at 16.39-16.50.
In Central Illinois country grain dealers quoted shelled corn
bids were 16 to 17
cents higher at 7.55-7.71.
Soybean bids were mostly 29 to 30
cents higher at 16.52-
16.70.
In the Southern part of the state, shelled corn bids were 16 to
18 cents higher at
7.50-7.73.
Soybean bids were 32 to 34 cents
higher at 16.45-16.64. Wheat bids were 19 to 20 cents higher at
8.49-8.72.
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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 |
7.35 - 7.46 |
16.39 - 16.50 |
|
|
WESTERN |
7.26 - 7.42 |
16.40 - 16.50 |
|
|
N. CENT. |
7.55 - 7.69 |
16.52 - 16.59 |
|
|
S. CENTRAL |
7.59 - 7.71 |
16.63 - 16.70 |
|
|
WABASH |
7.66 - 7.73 |
16.45 - 16.59 |
8.49 - 8.61 |
|
W.S. WEST |
7.50 - 7.67 |
16.50 - 16.64 |
8.57 - 8.72 |
|
L. EGYPT |
7.63 - 7.71 |
16.50 - 16.57 |
8.52 - 8.64 |
Central Illinois average price
Corn: 7.63 (+ 6 1/2 Z)
Soybeans:
16.61 (- 8 1/2 X)
CONTRACT BIDS FOR JANUARY 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
7.52 - 7.65 |
16.45 - 16.55 |
|
|
WESTERN |
7.36 - 7.46 |
16.51 - 16.64 |
|
|
N. CENT. |
7.53 - 7.61 |
16.61 - 16.72 |
|
|
S. CENTRAL |
7.62 - 7.78 |
16.61 - 16.77 |
|
|
WABASH |
7.76 - 7.91 |
16.50 - 16.67 |
8.31 - 8.35 |
|
W.S. WEST |
7.57 - 7.80 |
16.74 - 16.85 |
8.17 - 8.35 |
|
L. EGYPT |
7.82 - 7.85 |
16.63 - 16.69 |
8.27
- 8.30 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
9/13/2012 |
9/6/2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.81 +7Z |
8.03 1/2 +5Z |
|
Soybeans |
17.54 1/2 +7X |
17.47 1/2 + 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]
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