(Copy)
Illinois country grain prices were
mixed on Monday afternoon, with soybeans higher and corn and
wheat lower.
Soybean futures were given a boost
from an export sale of US soybeans to China and good export
inspection numbers.
Soybean inspections were higher
than expected at 53.9 million bushels.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 2 to 3 cents lower at 7.22-7.39.
Soybean bids were 14 cents higher
at 14.62-14.81.
In Central Illinois country grain dealers quoted shelled corn
bids were mixed at 7.33-7.52.
Soybean bids were 11 to 14 cents
higher at
14.95-15.04.
In the Southern part of the state, shelled corn bids were steady
to 2 cents lower at 7.25-7.59.
Soybean bids were mostly 12 to 16
cents higher at 14.95-15.17.
Wheat bids were 2 cents lower at
7.58-7.78.
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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 |
7.22 - 7.39 |
14.63 - 14.80 |
|
WESTERN |
7.23 - 7.31 |
14.62 - 14.81 |
|
N. CENT. |
7.33 - 7.43 |
14.95 - 15.03 |
|
S. CENTRAL |
7.37 - 7.52 |
14.95 - 15.04 |
|
WABASH |
7.41 - 7.51 |
15.04 - 15.09 |
7.58 - 7.71 |
W.S. WEST |
7.25 - 7.46 |
14.95 - 15.04 |
7.59 - 7.68 |
L. EGYPT |
7.58 - 7.59 |
15.08 - 15.17 |
7.68 - 7.78 |
Central Illinois average price
Corn: 7.42 1/2 (+ 8 H)
Soybeans:
14.99 1/2 (+11 H)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
5.51 - 5.66 |
13.02 - 13.12 |
|
WESTERN |
5.54 - 5.68 |
12.96 - 13.12 |
|
N. CENT. |
5.56 - 5.69 |
13.03 - 13.14 |
|
S. CENTRAL |
5.57 - 5.70 |
13.09 - 13.21 |
|
WABASH |
5.64 - 5.74 |
13.11 - 13.19 |
7.44 - 7.58 |
W.S. WEST |
5.52 - 5.64 |
13.15 - 13.29 |
7.26 - 7.40 |
L. EGYPT |
5.78 - 5.88 |
13.04 - 13.19 |
7.44 - 7.45 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
Week of |
1/31/2013 |
1/24/2013 |
|
Price--Basis |
Price--Basis |
Corn |
7.48 + 7 1/2 H |
7.28 + 4H |
Soybeans |
14.82 +13 1/2 H |
14.45 1/2 +10H |
Annual Comparison
|
January 2013 |
February 2012 |
|
Price--Basis |
Price--Basis |
Corn |
7.17 + 2H |
6.41 + 1/2H |
Soybeans |
14.30 +11H
|
12.40 -15 H |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |