(Copy)
(Copy)
Illinois country grain prices were
mixed but mostly lower on Tuesday afternoon.
Corn futures weakened due to a
warmer and drier extended weather forecast for the cornbelt.
Traders gave farmers a chance to
make some progress with corn planting over the next 7 to 10
days.
Soybean futures were given a boost
from the sale of 392,000 tonnes of US soybeans to China for the
2013-2014 crop year.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 4 to 8 cents lower at 6.33-6.50.
Soybean bids were mixed at
14.09-14.30.
In Central Illinois country grain dealers quoted shelled corn
bids were 8 cents lower at 6.33-6.50.
Soybean bids were 5 to 7 cents
lower at 14.19-14.39.
In the Southern part of the state, shelled corn bids were 8 to 9
cents lower at 6.23-6.63.
Soybean bids were steady to 2
cents lower at 14.35-14.60.
Wheat bids were 4 cents lower at
6.93-7.06.
[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 |
6.33 - 6.45 |
14.12 - 14.27 |
|
WESTERN |
6.37 - 6.50 |
14.09 - 14.30 |
|
N. CENT. |
6.35 - 6.50 |
14.19 - 14.33 |
|
S. CENTRAL |
6.33 - 6.40 |
14.25 - 14.39 |
|
WABASH |
6.54 - 6.63 |
14.40 - 14.49 |
6.93 - 7.06 |
W.S. WEST |
6.23 - 6.34 |
14.50 - 14.60 |
6.96 - 7.05 |
L. EGYPT |
6.54 - 6.63 |
14.35 - 14.49 |
6.95 - 7.06 |
Central Illinois average price
Corn: 6.41 1/2 (+ 3 K)
Soybeans:
14.29 (+ 9 K)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
4.89 - 5.03 |
11.59 - 11.76 |
|
WESTERN |
4.86 - 4.96 |
11.58 - 11.63 |
|
N. CENT. |
4.90 - 5.03 |
11.59 - 11.66 |
|
S. CENTRAL |
4.96 - 5.04 |
11.66 - 11.78 |
|
WABASH |
4.95 - 5.04 |
11.66 - 11.71 |
6.66 - 6.80 |
W.S. WEST |
4.91 - 5.01 |
11.73 - 11.80 |
6.84 - 6.94 |
L. EGYPT |
4.99 - 5.08 |
11.66 - 11.76 |
6.76 - 6.85 |
***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] |