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Illinois country grain prices were
mixed on Tuesday afternoon, with soybeans and corn slightly
higher and wheat slightly lower.
Uncertainty with the South
American weather forecast was enough to push soybean futures
higher.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were mostly 1 cent higher at 7.18-7.37.
Soybean bids were 8 to 11 cents
higher at 14.52-14.73.
In Central Illinois country grain dealers quoted shelled corn
bids were 2 to 3 cents higher at 7.29-7.42.
Soybean bids were 5 cents higher
at 14.59-
14.72.
In the Southern part of the state, shelled corn bids were mixed
at 7.16-7.55.
Soybean bids were 1 to 3 cents
higher at 14.69-14.96.
Wheat bids were 2 cents lower at
7.72-7.87.
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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 |
7.24 - 7.37 |
14.56 - 14.65 |
|
WESTERN |
7.18 - 7.24 |
14.52 - 14.73 |
|
N. CENT. |
7.29 - 7.38 |
14.59 - 14.68 |
|
S. CENTRAL |
7.29 - 7.42 |
14.60 - 14.72 |
|
WABASH |
7.36 - 7.47 |
14.69 - 14.77 |
7.72 - 7.85 |
W.S. WEST |
7.16 - 7.19 |
14.87 - 14.96 |
7.72 - 7.82 |
L. EGYPT |
7.44 - 7.55 |
14.74 - 14.87 |
7.72 - 7.87 |
Central Illinois average price
Corn: 7.35 1/2 (+ 6 H)
Soybeans:
14.65 1/2 (+14 H)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
5.45 - 5.58 |
12.68 - 12.80 |
|
WESTERN |
5.47 - 5.62 |
12.63 - 12.81 |
|
N. CENT. |
5.49 - 5.62 |
12.78 - 12.83 |
|
S. CENTRAL |
5.52 - 5.65 |
12.80 - 12.88 |
|
WABASH |
5.52 - 5.67 |
12.78 - 12.83 |
7.59 - 7.73 |
W.S. WEST |
5.52 - 5.61 |
12.84 - 12.98 |
7.46 - 7.52 |
L. EGYPT |
5.62 - 5.72 |
12.78 - 12.88 |
7.49 - 7.68 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
Week of |
1/24/2013 |
1/17/2013 |
|
Price--Basis |
Price--Basis |
Corn |
7.28 + 4H |
7.27 + 2 1/2H |
Soybeans |
14.45 1/2 +10H |
14.42 +12H |
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] |