|
 (Copy)
Illinois country grain prices were
mostly higher on Thursday afternoon.
Corn and soybean futures ended
higher despite bearish reaction to the new Supply Demand report
released by the USDA on Thursday.
In the cash markets, trading has
been slow to moderate.
While cash basis for corn and
soybeans has been very strong, there was weakness noted at both
river terminals and processors.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 2 to 3 cents higher at 6.84-7.01.
Soybean bids were mixed at
15.70-15.84.
In Central Illinois country grain dealers quoted shelled corn
bids were mostly 4 to 9 cents higher at 6.96-7.16.
Soybean bids were mixed at
15.83-16.13.
In the Southern part of the state, shelled corn bids were 7 to 9
cents higher at 6.79-7.06.
Soybean bids were mixed at
15.93-16.42. Wheat bids were up 4 cents at 6.58-6.73.
 [to top of second
column] |
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 |
6.90 - 7.01 |
15.70 - 15.84 |
|
|
WESTERN |
6.84 - 7.01 |
15.72 - 15.78 |
|
|
N. CENT. |
6.96 - 7.14 |
15.83 - 16.09 |
|
|
S. CENTRAL |
7.02 - 7.16 |
15.96 - 16.13 |
|
|
WABASH |
6.80 - 6.88 |
16.17 - 16.22 |
6.58 - 6.73 |
|
W.S. WEST |
6.79 - 7.04 |
15.93 - 16.18 |
6.65 - 6.69 |
|
L. EGYPT |
6.88 - 7.06 |
16.22 - 16.42 |
6.65 - 6.73 |
Central Illinois average price
Corn: 7.06 (+145 U)
Soybeans:
15.98 (+126 Q)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
4.95 - 5.12 |
12.53 - 12.61 |
|
|
WESTERN |
4.93 - 5.05 |
12.53 - 12.66 |
|
|
N. CENT. |
4.96 - 5.13 |
12.61 - 12.74 |
|
|
S. CENTRAL |
5.02 - 5.14 |
12.72 - 12.81 |
|
|
WABASH |
5.01 - 5.09 |
12.66 - 12.81 |
|
|
W.S. WEST |
5.05 - 5.17 |
12.76 - 12.85 |
|
|
L. EGYPT |
5.04 - 5.13 |
12.71 - 12.81 |
|
***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] |
