(Copy)
Illinois country grain prices were
mixed on Wednesday afternoon, with wheat moving higher and corn
and soybeans lower.
Wheat futures were supported by
good export interest, with technical selling weighing on soybean
prices.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 6 to 8 cents lower at 7.10-7.26.
Soybean bids were 7 to 8 cents
lower at 14.61-14.79.
In Central Illinois country grain dealers quoted shelled corn
bids were 5 to 6 cents lower at 7.23-7.41.
Soybean bids were 5 to 8 cents
lower at
14.87-15.03.
In the Southern part of the state, shelled corn bids were 5 to 6
cents lower at 7.17-7.48.
Soybean bids were 5 to 7 cents
lower at 14.96-15.14.
Wheat bids were 2 to 6 cents
higher at 7.55-7.79.
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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 |
7.10 - 7.26 |
14.70 - 14.79 |
|
WESTERN |
7.12 - 7.19 |
14.61 - 14.78 |
|
N. CENT. |
7.23 - 7.31 |
14.87 - 15.01 |
|
S. CENTRAL |
7.25 - 7.41 |
14.95 - 15.03 |
|
WABASH |
7.30 - 7.40 |
15.00 - 15.08 |
7.55 - 7.70 |
W.S. WEST |
7.17 - 7.38 |
14.96 - 15.04 |
7.68 - 7.79 |
L. EGYPT |
7.40 - 7.48 |
15.07 - 15.14 |
7.66 - 7.77 |
Central Illinois average price
Corn: 7.32 (+ 9 1/2 H)
Soybeans:
14.95 (+ 7 1/2 H)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
5.39 - 5.51 |
12.94 - 13.01 |
|
WESTERN |
5.39 - 5.48 |
12.88 - 13.04 |
|
N. CENT. |
5.39 - 5.54 |
12.95 - 13.06 |
|
S. CENTRAL |
5.44 - 5.58 |
13.06 - 13.13 |
|
WABASH |
5.52 - 5.69 |
13.04 - 13.16 |
7.40 - 7.45 |
W.S. WEST |
5.38 - 5.53 |
13.12 - 13.21 |
7.39 - 7.43 |
L. EGYPT |
5.54 - 5.64 |
12.96 - 13.11 |
7.30 - 7.49 |
***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] |