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Illinois country grain prices were
mostly lower on Tuesday afternoon.
The USDA increased the world
ending wheat stocks estimate to 182.8 million metric tonnes from
178.5 million.
Corn and soybeans closed lower.
Corn ending stocks were estimated
at 1.792 billion bushels verses the average trade guess of 1.871
billion bushels and last months estimate of 1.887 billion
bushels.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were mixed at 4.14-4.29.
Soybean bids were mixed at
13.14-13.28.
In Central Illinois country grain dealers quoted shelled corn
bids were 3 to 6 cents lower at 4.11-4.24.
Soybean bids were 1 to 5 cents
lower at 13.25-13.43.
In the Southern part of the state, shelled corn bids were 2 to 3
cents lower at 4.22-4.36.
Soybean bids were 6 to 8 cents
lower at 13.32-13.58.
Wheat bids were 12 cents lower at
6.18-6.47.
[to top of second
column] |
Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. are listed below in dollars per bushel:
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
NORTHERN |
4.14 - 4.29 |
13.18 - 13.24 |
|
WESTERN |
4.18 - 4.22 |
13.14 - 13.28 |
|
N. CENT. |
4.13 - 4.21 |
13.26 - 13.43 |
|
S. CENTRAL |
4.11 - 4.24 |
13.25 - 13.38 |
|
WABASH |
4.22 - 4.31 |
13.32 - 13.48 |
6.24 - 6.28 |
W.S. WEST |
4.23 - 4.36 |
13.53 - 13.58 |
6.44 - 6.47 |
L. EGYPT |
4.22 - 4.31 |
13.43 - 13.48 |
6.18 - 6.19 |
Central Illinois average price
Corn: 4.17 1/2 (-18 1/2
H)
Soybeans:
13.34 (- 4 F)
CONTRACT BIDS FOR JANUARY 2014 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
4.17 - 4.28 |
13.13 - 13.27 |
|
WESTERN |
4.14 - 4.23 |
13.14 - 13.19 |
|
N. CENT. |
4.15 - 4.27 |
13.26 - 13.46 |
|
S. CENTRAL |
4.14 - 4.24 |
13.27 - 13.41 |
|
WABASH |
4.24 - 4.32 |
13.38 - 13.48 |
|
W.S. WEST |
4.30 - 4.38 |
13.50 - 13.64 |
|
L. EGYPT |
4.21 - 4.31 |
13.38 - 13.48 |
|
Cent. Ill. Average Price at Country
Elevators
Week of |
9/19/2013 |
9/12/2013 |
|
Price--Basis |
Price--Basis |
Corn |
4.50
-9 1/2Z |
4.94
1/2 +28Z |
Soybeans |
13.56 1/2 +17X |
14.83 +87X 1 |
Annual Comparison
|
August 2013 |
September 2012 |
|
Price--Basis |
Price--Basis |
Corn |
5.98
1/2 +115U |
7.69
1/2 +6Z |
Soybeans |
14.00 +135 1/2X |
16.71 -4 1/2 X |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |