(Copy)
Illinois country grain prices were
slightly lower on Thursday afternoon.
Soybeans finished lower despite
positive export news.
There was an export sale of US
soybeans to an unknown destination of 240,000 tonnes.
Weekly export sales were also very
good for soybeans at 1.788 million tonnes.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 5 to 6 cents lower at 7.10-7.30.
Soybean bids were 7 to 10 cents
lower at 14.19-14.34.
In Central Illinois country grain dealers quoted shelled corn
bids were mostly 6 cents lower at 7.18-7.36.
Soybean bids were 4 to 5 cents
lower at 14.33-14.51.
In the Southern part of the state, shelled corn bids were 6 to 7
cents lower at 7.09-7.49.
Soybean bids were 7 to 9 cents
lower at 14.47-14.68.
Wheat bids were 5 to 7 cents lower
at 7.73-7.86.
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Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Thursday are listed below in dollars per bushel:
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
NORTHERN |
7.15 - 7.30 |
14.26 - 14.34 |
|
WESTERN |
7.10 - 7.15 |
14.19 - 14.24 |
|
N. CENT. |
7.18 - 7.35 |
14.33 - 14.51 |
|
S. CENTRAL |
7.21 - 7.36 |
14.36 - 14.47 |
|
WABASH |
7.35 - 7.45 |
14.47 - 14.52 |
7.76 - 7.86 |
W.S. WEST |
7.09 - 7.30 |
14.55 - 14.65 |
7.73 - 7.80 |
L. EGYPT |
7.37 - 7.49 |
14.62 - 14.68 |
7.77 - 7.81 |
Central Illinois average price
Corn: 7.27 (+ 2 1/2 H)
Soybeans:
14.42 (+ 12 H)
CONTRACT BIDS FOR JANUARY 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
5.44 - 5.58 |
12.35 - 12.50 |
|
WESTERN |
5.41 - 5.52 |
12.36 - 12.46 |
|
N. CENT. |
5.51 - 5.67 |
12.45 - 12.55 |
|
S. CENTRAL |
5.46 - 5.68 |
12.45 - 12.60 |
|
WABASH |
5.52 - 5.67 |
12.50 - 12.55 |
7.63 - 7.65 |
W.S. WEST |
5.48 - 5.56 |
12.50 - 12.60 |
7.59 - 7.65 |
L. EGYPT |
5.62 - 5.71 |
12.40 - 12.55 |
7.53 - 7.63 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
Week of |
1/10/2013 |
1/3/2012 |
|
Price--Basis |
Price--Basis |
Corn |
6.99
option H |
6.901/2 +1H |
Soybeans |
13.93 +13H |
13.921/2 +6H |
Annual Comparison
|
December 2012 |
January 2012 |
|
Price--Basis |
Price--Basis |
Corn |
7.23 option H |
6.25 -6H |
Soybeans |
14.50 -8F |
11.82 -221/2 H |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |