(Copy)
Illinois country grain prices were
higher on Thursday afternoon.
Stronger wheat values were
supported by technical buying at the Board of Trade and concern
with how much damage was done to the western wheat crop due to
freezing
temperatures.
Corn was given a boost from weekly
export sales figures and the sales announcements this morning by
the USDA.
The USDA announced the sale of
240,000 tonnes of new crop US corn to an unknown destination and
a sale of 300,000 tonnes to China.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 6 to 10 cents higher at 6.40-6.56.
Soybean bids were 21 to 24 cents
higher at 14.17-14.39.
In Central Illinois country grain dealers quoted shelled corn
bids were 6 cents higher at 6.42-6.57.
Soybean bids were 27 to 30 cents
higher at 14.42-14.57.
In the Southern part of the state, shelled corn bids were 5 to 6
cents higher at 6.33-6.69.
Soybean bids were 16 cents higher
at 14.40-14.61.
Wheat bids were 12 cents higher at
6.96-7.12.
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Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Thursday are listed below in dollars per bushel:
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
NORTHERN |
6.40 - 6.56 |
14.20 - 14.39 |
|
WESTERN |
6.43 - 6.51 |
14.17 - 14.35 |
|
N. CENT. |
6.48 - 6.57 |
14.42 - 14.51 |
|
S. CENTRAL |
6.42 - 6.52 |
14.43 - 14.57 |
|
WABASH |
6.55 - 6.69 |
14.44 - 14.57 |
6.96 - 7.12 |
W.S. WEST |
6.33 - 6.42 |
14.49 - 14.61 |
6.97 - 7.10 |
L. EGYPT |
6.60 - 6.69 |
14.40 - 14.54 |
6.97 - 7.12 |
Central Illinois average price
Corn: 6.49 1/2 (+ 4 K)
Soybeans:
14.49 1/2 (+26 K)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
4.97 - 5.16 |
11.69 - 11.76 |
|
WESTERN |
4.94 - 5.05 |
11.68 - 11.74 |
|
N. CENT. |
4.94 - 5.11 |
11.74 - 11.89 |
|
S. CENTRAL |
5.04 - 5.13 |
11.77 - 11.88 |
|
WABASH |
5.03 - 5.13 |
11.76 - 11.82 |
6.74 - 6.90 |
W.S. WEST |
4.99 - 5.13 |
11.80 - 11.91 |
6.92 - 7.02 |
L. EGYPT |
5.08 - 5.16 |
11.73 - 11.86 |
6.84 - 6.93 |
***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] |