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Illinois country grain prices were
higher on Tuesday afternoon.
Stronger outside markets, lower
energy values, and weather forecasts that point to slow planting
progress combined to drive prices higher.
Planting progress was reported at
2% complete, well below expectations and the
normal progress of 7% complete.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 15 to 17 cents higher at 6.65-6.73.
Soybean bids were 14 to 18 cents
higher at 14.17-14.35.
In Central Illinois country grain dealers quoted shelled corn
bids were 9 to 16 cents higher at 6.64-6.78.
Soybean bids were 15 to 20 cents
higher at 14.28-14.45.
In the Southern part of the state, shelled corn bids were mostly
10 to 17 cents higher at 6.44-6.88.
Soybean bids were mostly 14 to 17
cents higher at 14.31-14.44.
Wheat bids were 7 to 11 cents
higher at 6.95-7.12.
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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 |
6.65 - 6.73 |
14.17 - 14.32 |
|
WESTERN |
6.62 - 6.71 |
14.20 - 14.35 |
|
N. CENT. |
6.65 - 6.78 |
14.32 - 14.45 |
|
S. CENTRAL |
6.64 - 6.76 |
14.28 - 14.40 |
|
WABASH |
6.74 - 6.88 |
14.31 - 14.40 |
6.99 - 7.12 |
W.S. WEST |
6.44 - 6.68 |
14.32 - 14.44 |
6.95 - 7.10 |
L. EGYPT |
6.83 - 6.87 |
14.37 - 14.42 |
7.00 - 7.12 |
Central Illinois average price
Corn: 6.71 (+ 8 K)
Soybeans:
14.36 1/2 (+25 K)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
5.07 - 5.18 |
11.77 - 11.89 |
|
WESTERN |
5.03 - 5.14 |
11.80 - 11.87 |
|
N. CENT. |
5.10 - 5.21 |
11.85 - 12.06 |
|
S. CENTRAL |
5.14 - 5.23 |
11.95 - 12.04 |
|
WABASH |
5.13 - 5.25 |
11.89 - 11.95 |
6.78 - 6.88 |
W.S. WEST |
5.06 - 5.17 |
11.94 - 12.04 |
6.94 - 7.09 |
L. EGYPT |
5.16 - 5.26 |
11.86 - 12.02 |
6.88 - 6.99 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
Week of |
4/11/2013 |
4/4/2013 |
|
Price--Basis |
Price--Basis |
Corn |
6.61 1/2 +10K |
6.45 1/2 +15 1/2K |
Soybeans |
14.25 1/2 +23 1/2K |
13.91 +19K |
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] |