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Illinois country grain prices were
mixed on Wednesday afternoon, with corn closing higher and
soybeans and wheat lower.
Technical trading at the Board of
Trade weakened soybean futures.
Trading was at a slower pace as
many traders wanted to even positions ahead of Thursday's
release of a new Supply Demand forecast from the USDA.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were mostly 2 to 4 cents higher at 6.81-6.99.
Soybean bids were mixed at
15.62-15.86.
In Central Illinois country grain dealers quoted shelled corn
bids were 5 to 6 cents higher at 6.89-7.15.
Soybean bids were 3 to 6 cents
lower at
15.96-16.15.
In the Southern part of the state, shelled corn bids were mostly
2 cents higher at 6.72-6.97.
Soybean bids were 2 to 3 cents
lower at 16.03-16.35.
Wheat bids were 1 to 6 cents
higher at 6.54-6.69.
[to top of second
column] |
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 |
6.84 -- 6.94 |
15.62 -- 15.78 |
|
WESTERN |
6.81 -- 6.99 |
15.71 -- 15.86 |
|
N. CENT. |
6.89 -- 7.15 |
15.96 -- 16.10 |
|
S. CENTRAL |
6.98 -- 7.09 |
16.00 -- 16.15 |
|
WABASH |
6.72 -- 6.81 |
16.10 -- 16.15 |
6.54 -- 6.69 |
W.S. WEST |
6.72 -- 6.97 |
16.03 -- 16.11 |
6.61 -- 6.62 |
L. EGYPT |
6.81 -- 6.94 |
16.20 -- 16.35 |
6.59 -- 6.64 |
Central Illinois average price
Corn: 7.02 (+148 U)
Soybeans:
16.05 1/2 (+141 Q)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
4.89 -- 5.07 |
12.44 -- 12.55 |
|
WESTERN |
4.88 -- 5.00 |
12.47 -- 12.60 |
|
N. CENT. |
4.90 -- 5.02 |
12.54 -- 12.68 |
|
S. CENTRAL |
4.95 -- 5.09 |
12.66 -- 12.72 |
|
WABASH |
4.97 -- 5.04 |
12.60 -- 12.75 |
|
W.S. WEST |
4.99 -- 5.11 |
12.70 -- 12.80 |
|
L. EGYPT |
4.99 -- 5.08 |
12.68 -- 12.75 |
|
***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]
|