(Copy)
Illinois country grain prices were
mixed on Wednesday afternoon, with corn and soybeans higher and
wheat slightly lower.
Soybean futures did get a boost
from two reported export sales.
One sale was for 120,000 tonnes of
new crop
soybeans to China, another was 120,000 tonnes of old crop
soybeans to an unknown destination.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were steady to 1 cent higher at 6.95-7.12.
Soybean bids were 7 to 8 cents
lower at 14.39-14.50.
In Central Illinois country grain dealers quoted shelled corn
bids were steady to 2 cents higher at 7.07-7.20.
Soybean bids were up 4 to 7 cents
at 14.55-14.65.
In the Southern part of the state, shelled corn bids were mixed
at 6.93-7.36.
Soybean bids were 7 to 10 cents
higher at 14.58-14.81.
Wheat bids were 1 to 3 cents
higher at 6.99-7.19.
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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 |
6.99 - 7.10 |
14.40 - 14.47 |
|
WESTERN |
6.95 - 7.12 |
14.39 - 14.50 |
|
N. CENT. |
7.07 - 7.16 |
14.55 - 14.64 |
|
S. CENTRAL |
7.09 - 7.20 |
14.60 - 14.65 |
|
WABASH |
7.22 - 7.30 |
14.70 - 14.77 |
6.99 - 7.12 |
W.S. WEST |
6.93 - 7.20 |
14.58 - 14.71 |
7.09 - 7.19 |
L. EGYPT |
7.25 - 7.36 |
14.71 - 14.81 |
7.08 - 7.14 |
Central Illinois average price
Corn: 7.13 1/2 (+ 4 H)
Soybeans:
14.60 (+ 2 1/2 H)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
5.24 - 5.36 |
12.18 - 12.28 |
|
WESTERN |
5.15 - 5.28 |
12.13 - 12.25 |
|
N. CENT. |
5.18 - 5.28 |
12.15 - 12.28 |
|
S. CENTRAL |
5.20 - 5.36 |
12.21 - 12.34 |
|
WABASH |
5.26 - 5.33 |
12.27 - 12.32 |
6.83 - 6.97 |
W.S. WEST |
5.17 - 5.31 |
12.30 - 12.42 |
6.94 - 6.95 |
L. EGYPT |
5.29 - 5.39 |
12.27 - 12.39 |
6.83 - 6.92 |
***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] |