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Illinois country grain prices were
mixed on Tuesday afternoon, with wheat and soybeans higher and
corn lower.
Higher wheat futures were
supported by low crop condition ratings for the US wheat crop.
Possible increases in the corn
carryout and a slow export market weighed on corn values.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 3 to 5 cents lower at 6.37-6.57.
Soybean bids were mostly 3 to 6
cents higher at 13.81-14.05.
In Central Illinois country grain dealers quoted shelled corn
bids were mostly 1 to 2 cents lower at 6.50-6.62.
Soybean bids were 4 to 6 cents
higher at 14.04-14.18.
In the Southern part of the state, shelled corn bids were mostly
1 to 3 cents lower at 6.22-6.74.
Soybean bids were mostly 2 to 3
cents higher at 14.09-14.24.
Wheat bids were mostly 11 to 12
cents higher at 6.61-6.79.
[to top of second column] |
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 |
6.41 - 6.57 |
13.95 - 14.05 |
|
|
WESTERN |
6.37 - 6.48 |
13.81 - 13.94 |
|
|
N. CENT. |
6.50 - 6.58 |
14.04 - 14.18 |
|
|
S. CENTRAL |
6.52 - 6.62 |
14.04 - 14.14 |
|
|
WABASH |
6.54 - 6.66 |
14.13 - 14.19 |
6.62 - 6.71 |
|
W.S. WEST |
6.22 - 6.46 |
14.12 - 14.24 |
6.62 - 6.71 |
|
L. EGYPT |
6.63 - 6.74 |
14.09 - 14.24 |
6.61 - 6.79 |
Central Illinois average price
Corn: 6.56 (+15 1/2 K)
Soybeans:
14.11 (+17 K)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.01 - 5.16 |
12.07 - 12.17 |
|
|
WESTERN |
4.99 - 5.10 |
12.09 - 12.17 |
|
|
N. CENT. |
5.03 - 5.12 |
12.09 - 12.19 |
|
|
S. CENTRAL |
5.06 - 5.19 |
12.23 - 12.33 |
|
|
WABASH |
5.12 - 5.22 |
12.19 - 12.24 |
6.47 - 6.57 |
|
W.S. WEST |
5.06 - 5.15 |
12.31 - 12.41 |
6.57 - 6.71 |
|
L. EGYPT |
5.17 - 5.21 |
12.16 - 12.32 |
6.46 - 6.60 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
3/21/2013 |
3/14/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.50 +17K |
7.34 1/2 +18K |
|
Soybeans |
14.65 1/2 +16 1/2K
|
14.54 +18 1/2K |
Annual Comparison
|
|
February 2013 |
March 2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.15
+7 1/2H |
6.46 - 1 1/2K |
|
Soybeans |
14.67 +11H |
13.33 -19 1/2K |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
