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Illinois country grain prices were
lower on Monday afternoon.
Technical selling at the Board of
Trade helped to push grain prices lower.
Wheat futures were weakened by the
weather forecast for the Plains states that included moisture
for dry soils.
Strength in the cash markets did
provide support for both corn and soybean prices.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 6 to 7 cents lower at 6.41-6.54.
Soybean bids were mostly 18 to
21cents lower at 14.12-14.29.
In Central Illinois country grain dealers quoted shelled corn
bids were 6 cents lower at 6.41-6.58.
Soybean bids were 14 to 15 cents
lower at
14.26-14.44.
In the Southern part of the state, shelled corn bids were 6 to 8
cents lower at 6.32-6.71.
Soybean bids were 11 cents lower
at 14.35-14.58.
Wheat bids were 6 to 7 cents lower
at 6.97-7.10.
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Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Monday are listed below in dollars per bushel:
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
NORTHERN |
6.41 - 6.51 |
14.12 - 14.27 |
|
WESTERN |
6.44 - 6.54 |
14.12 - 14.29 |
|
N. CENT. |
6.45 - 6.58 |
14.32 - 14.44 |
|
S. CENTRAL |
6.41 - 6.50 |
14.26 - 14.40 |
|
WABASH |
6.56 - 6.71 |
14.35 - 14.48 |
6.97 - 7.10 |
W.S. WEST |
6.32 - 6.42 |
14.49 - 14.58 |
7.01 - 7.09 |
L. EGYPT |
6.59 - 6.70 |
14.38 - 14.48 |
6.99 - 7.10 |
Central Illinois average price
Corn: 6.49 1/2 (+ 4 K)
Soybeans:
14.35 (+18 K)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
4.99 - 5.13 |
11.66 - 11.83 |
|
WESTERN |
4.96 - 5.07 |
11.65 - 11.76 |
|
N. CENT. |
5.00 - 5.13 |
11.70 - 11.75 |
|
S. CENTRAL |
5.06 - 5.14 |
11.73 - 11.84 |
|
WABASH |
5.05 - 5.15 |
11.73 - 11.80 |
6.73 - 6.83 |
W.S. WEST |
4.99 - 5.10 |
11.79 - 11.85 |
6.91 - 7.01 |
L. EGYPT |
5.10 - 5.18 |
11.73 - 11.83 |
6.83 - 6.92 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
Week of |
4/18/2013 |
4/11/2013 |
|
Price--Basis |
Price--Basis |
Corn |
6.50 1/2 + 6K |
6.61 1/2 +10 K |
Soybeans |
14.57 +26 1/2K |
14.25 1/2 +23 1/2K |
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] |