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Illinois country grain prices were
mostly higher on Monday afternoon, with soybean prices sharply
higher.
Export sales announcements by the
USDA supported higher grain markets.
The largest announcement was the
sale of 840,000 tonnes of US wheat to China.
There were also sales of US corn
to Mexico and US soybeans to an unknown destination.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were up 7 to 20 cents at 6.58-6.92.
Soybean bids were mostly 21 to 27
cents higher at 15.69-15.97.
In Central Illinois country grain dealers quoted shelled corn
bids were mostly 8 to 12 cents higher at 6.69-6.98.
Soybean bids were mostly 24 cents
higher at 15.81-16.12.
In the Southern part of the state, shelled corn bids were mostly
6 to 7 cents higher at 6.50-6.68.
Soybean bids were up 24 to 25
cents at 16.00-16.26.
Wheat bids were mostly 6 cents
higher at 6.38-6.51.
[to top of second
column] |
Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. XXX are listed below in dollars per bushel:
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
NORTHERN |
6.58 - 6.67 |
15.69 - 15.89 |
|
WESTERN |
6.70 - 6.92 |
15.85 - 15.97 |
|
N. CENT. |
6.69 - 6.98 |
15.81 - 16.01 |
|
S. CENTRAL |
6.78 - 6.88 |
15.95 - 16.12 |
|
WABASH |
6.50 - 6.60 |
16.00 - 16.06 |
6.38 - 6.48 |
W.S. WEST |
6.51 - 6.57 |
16.08 - 16.18 |
6.42 - 6.51 |
L. EGYPT |
6.60 - 6.68 |
16.16 - 16.26 |
6.43 - 6.48 |
Central Illinois average price
Corn: 6.83 1/2 (+150 U)
Soybeans:
15.96 1/2 (+141 Q)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
4.75 - 4.86 |
12.14 - 12.32 |
|
WESTERN |
4.67 - 4.78 |
12.14 - 12.20 |
|
N. CENT. |
4.69 - 4.74 |
12.16 - 12.24 |
|
S. CENTRAL |
4.74 - 4.88 |
12.34 - 12.39 |
|
WABASH |
4.73 - 4.83 |
12.27 - 12.40 |
|
W.S. WEST |
4.78 - 4.89 |
12.40 - 12.47 |
|
L. EGYPT |
4.78 - 4.86 |
12.32 - 12.42 |
|
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
Week of |
7/3/2013 |
6/27/2013 |
|
Price--Basis |
Price--Basis |
Corn |
6.761/2 +144U |
7.00 +33N |
Soybeans |
15.80 +139Q |
15.641/2+16N |
Annual Comparison
|
June
2013 |
July
2012 |
|
Price--Basis |
Price--Basis |
Corn |
6.94
+32N |
7.85
+251/2 U |
Soybeans |
15.49 +24 1/2 N |
16.60 -23Q |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |