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Illinois country grain prices were
lower on Tuesday afternoon.
Slow export interest, along with
technical and fund selling at the Board of Trade pushed soybean
futures lower.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 6 cents lower at 6.84-6.94.
Soybean bids were 9 to 11 cents
lower at 14.01-14.13.
In Central Illinois country grain dealers quoted shelled corn
bids were 6 to 8 cents lower at 6.95-7.14.
Soybean bids were 10 to 12 cents
lower at
14.23-14.36.
In the Southern part of the state, shelled corn bids were 6
cents lower at 6.91-7.21.
Soybean bids were 11 to 14 cents
lower at 14.26-14.47. Wheat bids were 10 to 11 cents lower at
7.27-7.47.
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Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Tuesday are listed below in dollars per bushel:
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
NORTHERN |
6.84 - 6.94 |
14.10 - 14.13 |
|
WESTERN |
6.87 - 6.92 |
14.01 - 14.12 |
|
N. CENT. |
6.95 - 7.05 |
14.23 - 14.36 |
|
S. CENTRAL |
7.04 - 7.14 |
14.25 - 14.36 |
|
WABASH |
7.08 - 7.21 |
14.33 - 14.41 |
7.27 - 7.40 |
W.S. WEST |
6.91 - 7.01 |
14.26 - 14.38 |
7.32 - 7.46 |
L. EGYPT |
7.11 - 7.21 |
14.40 - 14.47 |
7.37 - 7.47 |
Central Illinois average price
Corn: 7.04 1/2 (+ 8 H)
Soybeans:
14.29 1/2 (+ 9 H)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
5.23 - 5.29 |
12.34 - 12.44 |
|
WESTERN |
5.23 - 5.33 |
12.28 - 12.44 |
|
N. CENT. |
5.27 - 5.38 |
12.35 - 12.47 |
|
S. CENTRAL |
5.26 - 5.41 |
12.41 - 12.51 |
|
WABASH |
5.31 - 5.43 |
12.43 - 12.59 |
7.09 - 7.15 |
W.S. WEST |
5.22 - 5.38 |
12.52 - 12.62 |
7.05 - 7.11 |
L. EGYPT |
5.38 - 5.48 |
12.46 - 12.59 |
6.99 - 7.18 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
Week of |
2/7/2013 |
1/31/2013 |
|
Price--Basis |
Price--Basis |
Corn |
7.20 1/2 +10H |
7.48 + 7 1/2H |
Soybeans |
14.94 1/2 + 8H |
14.82 +13 1/2H |
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] |