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Illinois country grain prices were
mixed on Monday afternoon, with corn higher and wheat and
soybean futures lower.
Wheat futures weakened due to poor
export news and beneficial moisture in the forecast for the
Plains states.
Corn moved up on technical buying
at the Board of Trade and good export news.
The USDA announced the sale of
127,000 tonnes of US corn to an unknown destination.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were mostly 3 to 4 cents higher at 6.86-7.02.
Soybean bids were 10 to 12 cents
lower at 14.36-14.49.
In Central Illinois country grain dealers quoted shelled corn
bids were 3 to 4 cents higher at 6.94-7.14.
Soybean bids were down 10 to 11
cents
at 14.54-14.63.
In the Southern part of the state, shelled corn bids were 3 to 5
cents higher at 6.89-7.20.
Soybean bids were 10 to 14 cents
lower at 14.56-14.77. Wheat bids were 14 to 15 cents lower at
6.94-7.15.
[to top of second column] |
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 |
6.90 - 7.02 |
14.38 - 14.47 |
|
|
WESTERN |
6.86 - 6.97 |
14.36 - 14.49 |
|
|
N. CENT. |
6.94 - 7.04 |
14.54 - 14.61 |
|
|
S. CENTRAL |
7.01 - 7.14 |
14.55 - 14.63 |
|
|
WABASH |
7.06 - 7.19 |
14.63 - 14.71 |
6.94 - 7.07 |
|
W.S. WEST |
6.89 - 7.02 |
14.56 - 14.70 |
7.05 - 7.15 |
|
L. EGYPT |
7.09 - 7.20 |
14.70 - 14.77 |
7.04 - 7.14 |
Central Illinois average price
Corn: 7.04 (+ 10 1/2 H)
Soybeans:
14.58 1/2 (+ 7 H)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.21 - 5.32 |
12.24 - 12.36 |
|
|
WESTERN |
5.20 - 5.28 |
12.21 - 12.34 |
|
|
N. CENT. |
5.17 - 5.26 |
12.23 - 12.33 |
|
|
S. CENTRAL |
5.16 - 5.30 |
12.31 - 12.45 |
|
|
WABASH |
5.22 - 5.30 |
12.36 - 12.49 |
6.78 - 6.82 |
|
W.S. WEST |
5.21 - 5.26 |
12.42 - 12.52 |
6.88 - 6.90 |
|
L. EGYPT |
5.25 - 5.35 |
12.36 - 12.49 |
6.78 - 6.89 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
2/21/2013 |
2/14/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.00 +9H |
7.03
1/2 +9H |
|
Soybeans |
14.96 1/2 +9H |
14.27 1/2 +9 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] |
