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Illinois country grain prices were
mostly lower on Wednesday afternoon.
Traders are already positioning
themselves for next Monday's USDA report.
Wheat futures fell pressured by
weak export interest and light export demand.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were mixed at 5.68-5.88.
Soybean bids were mixed at
12.71-13.06.
In Central Illinois country grain dealers quoted shelled corn
bids were mixed at 5.68-5.88. Soybean bids were mixed at
12.91-13.16.
In the Southern part of the state, shelled corn bids were mostly
4 to 9 cents lower at 5.48-5.73.
Soybean bids were mixed at 12.83-13.06.
Wheat bids were 6 to 7 cents lower at 6.20-6.56.
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column] |
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 |
5.70 - 5.82 |
12.75 - 13.06 |
|
WESTERN |
5.68 - 5.88 |
12.71 - 12.92 |
|
N. CENT. |
5.68 - 5.86 |
12.91 - 13.16 |
|
S. CENTRAL |
5.81 - 5.88 |
13.05 - 13.13 |
|
WABASH |
5.58 - 5.73 |
12.90 - 13.01 |
6.20 - 6.29 |
W.S. WEST |
5.52 - 5.71 |
12.83 - 12.90 |
6.43 - 6.56 |
L. EGYPT |
5.48 - 5.63 |
12.96 - 13.06 |
6.24 - 6.29 |
Central Illinois average price
Corn: 5.78 (+110 U)
Soybeans:
13.03 1/2 (+138 X)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
4.28 - 4.44 |
11.30 - 11.46 |
|
WESTERN |
4.26 - 4.36 |
11.28 - 11.40 |
|
N. CENT. |
4.28 - 4.46 |
11.30 - 11.56 |
|
S. CENTRAL |
4.32 - 4.45 |
11.45 - 11.56 |
|
WABASH |
4.33 - 4.43 |
11.40 - 11.56 |
|
W.S. WEST |
4.29 - 4.43 |
11.54 - 11.60 |
|
L. EGYPT |
4.33 - 4.37 |
11.44 - 11.56 |
|
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
Week of |
8/1/2013
|
7/25/2013 |
|
Price--Basis |
Price--Basis |
Corn |
5.97 +109 1/2U |
6.12 +1.16U |
Soybeans |
13.32 1/2 +140X |
13.70 +15Q |
Annual Comparison
|
July
2013 |
August 2012 |
|
Price--Basis |
Price--Basis |
Corn |
6.60
1/2 +132U |
8.15 +11 1/2U |
Soybeans |
15.19 +85 1/2Q |
17.09 +44 1/2X |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |