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Illinois country grain prices were
mixed on Tuesday afternoon. Without new grain
information to move the markets, prices ended mixed.
Many traders are looking to the
USDA's Grain Stocks report on Friday.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids mostly 1 cent lower at 7.16-7.36.
Soybean bids were mixed at
15.78-15.93.
In Central Illinois country grain dealers quoted shelled corn
bids were 1 cent
lower at 7.40-7.55.
Soybean bids were steady to 1 cent
higher at 15.93-16.10.
In the Southern part of the state, shelled corn bids were 1 cent
lower at 7.40-7.59.
Soybean bids were mixed at
15.87-16.07. Wheat bids were 5 cents lower at
8.47-8.67.
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Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Tuesday
are listed below in dollars per bushel:
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
NORTHERN |
7.22 - 7.36 |
15.81 - 15.92 |
|
WESTERN |
7.16 - 7.29 |
15.78 - 15.93 |
|
N. CENT. |
7.40 - 7.55 |
15.94 - 15.99 |
|
S. CENTRAL |
7.43 - 7.54 |
15.93 - 16.10 |
|
WABASH |
7.52 - 7.59 |
15.90 - 16.07 |
8.50 - 8.62 |
W.S. WEST |
7.40 - 7.56 |
15.93 - 16.07 |
8.47 - 8.62 |
L. EGYPT |
7.44 - 7.52 |
15.87 - 15.92 |
8.57 - 8.67 |
Central Illinois average price
Corn: 7.47 1/2 (+ 3 1/2Z)
Soybeans:
16.01 1/2 (-10 X)
CONTRACT BIDS FOR JANUARY 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
7.28 - 7.41 |
15.87 - 16.01 |
|
WESTERN |
7.23 - 7.35 |
15.96 - 16.00 |
|
N. CENT. |
7.47 - 7.55 |
16.04 - 16.13 |
|
S. CENTRAL |
7.51 - 7.67 |
16.13 - 16.22 |
|
WABASH |
7.65 - 7.74 |
15.98 - 16.12 |
8.15 - 8.29 |
W.S. WEST |
7.46 - 7.70 |
16.20 - 16.28 |
8.11 - 8.28 |
L. EGYPT |
7.70 - 7.72 |
16.12 - 16.14 |
8.21 - 8.30 |
***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] |