(Copy)
Illinois country grain prices were
mixed on Wednesday afternoon, with corn higher and wheat and
soybeans ending lower.
Corn futures drew strength from
the lower than expected carryout figure of 757 million bushels.
On the other hand, a higher than
expected carryout figure helped to push wheat lower.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 5 cents higher at 6.49-6.63.
Soybean bids were 1 to 3 cents
lower at 13.95-14.11.
In Central Illinois country grain dealers quoted shelled corn
bids were 3 to 5 cents higher at 6.56-6.68.
Soybean bids were 2 to 3 cents
lower at
14.09-14.22.
In the Southern part of the state, shelled corn bids were 5 to 6
cents higher at 6.32-6.77.
Soybean bids were 3 cents lower at
14.07-14.23.
Wheat bids were 12 cents lower at
6.84-7.05.
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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 |
6.51 - 6.63 |
13.93 - 14.11 |
|
WESTERN |
6.49 - 6.57 |
13.95 - 14.09 |
|
N. CENT. |
6.56 - 6.64 |
14.09 - 14.22 |
|
S. CENTRAL |
6.57 - 6.68 |
14.11 - 14.20 |
|
WABASH |
6.64 - 6.74 |
14.15 - 14.23 |
6.90 - 6.97 |
W.S. WEST |
6.32 - 6.60 |
14.07 - 14.20 |
6.84 - 6.97 |
L. EGYPT |
6.69 - 6.77 |
14.18 - 14.23 |
6.84 - 7.05 |
Central Illinois average price
Corn: 6.62 (+13 K)
Soybeans:
14.15 1/2 (+23 K)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
5.09 - 5.21 |
11.96 - 12.08 |
|
WESTERN |
5.06 - 5.17 |
11.98 - 12.05 |
|
N. CENT. |
5.07 - 5.18 |
11.98 - 12.08 |
|
S. CENTRAL |
5.06 - 5.24 |
12.08 - 12.18 |
|
WABASH |
5.15 - 5.28 |
12.08 - 12.14 |
6.73 - 6.90 |
W.S. WEST |
5.08 - 5.18 |
12.13 - 12.24 |
6.88 - 7.01 |
L. EGYPT |
5.18 - 5.28 |
12.06 - 12.23 |
6.83 - 6.91 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
Week of |
4/4/2013 |
3/28/2013 |
|
Price--Basis |
Price--Basis |
Corn |
6.45 1/2 +15 1/2K |
7.09 +14K |
Soybeans |
13.91 +19K |
14.20 +15K |
Annual Comparison
|
March 2013 |
April 2012 |
|
Price--Basis |
Price--Basis |
Corn |
7.33
+16 1/2K |
6.34 - 1/2K |
Soybeans |
14.62 +17K |
14.23 -17 1/2K |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |