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Illinois grain prices in country elevators

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[July 17, 2013]  SPRINGFIELD -- This is Tuesday's report of the grain prices and trends, prepared by the USDA and the Illinois Department of Agriculture.

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Illinois country grain prices were mostly higher on Tuesday afternoon, with soybean futures sharply higher.

Technical buying at the Board of Trade supported stronger corn and soybean prices.

In Northern and Western Illinois country grain dealers quoted shelled corn bids were 12 to 13 cents higher at 6.65-6.86.

Soybean bids were 23 to 26 cents higher at 15.34-15.58.

In Central Illinois country grain dealers quoted shelled corn bids were mostly 7 to 9 cents higher at 6.65-6.87.

Soybean bids were 8 to 13 cents

higher at 15.64-15.88.

In the Southern part of the state, shelled corn bids were 12 to 14 cents higher at 6.79-6.95.

Soybean bids were mostly 6 to 14 cents higher at 15.55-16.15.

Wheat bids were steady to 5 cents higher at 6.49-6.60.

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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

6.65 - 6.76 15.34 - 15.49  

WESTERN 

6.75 - 6.86 15.50 - 15.58  

N. CENT.

 6.65 - 6.87 15.64 - 15.76  

S. CENTRAL

6.75 - 6.85 15.64 - 15.88  

WABASH 

6.85 - 6.90 15.90 - 16.05 6.49 - 6.60

W.S. WEST

6.79 - 6.85 15.55 - 15.72  6.52 - 6.58

L. EGYPT

6.85 - 6.95 15.95 - 16.15 6.52 - 6.60

Central Illinois average price

Corn:  6.76 (+131 U)
Soybeans:
15.76 65 (+101 Q)


CONTRACT BIDS FOR NEW CROP 2013 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN

4.81 - 4.96 12.49 - 12.56  

WESTERN 

 4.74 - 4.89 12.48 - 12.61  

N. CENT.

4.80 - 4.91 12.58 - 12.74  

S. CENTRAL

4.85 - 4.98 12.61 - 12.76  

WABASH 

4.86 - 4.93 12.60 - 12.76  

W.S. WEST

4.89 - 5.03 12.73 - 12.81  

L. EGYPT

4.88 - 4.97 12.66 - 12.76  

***June/July 2013 delivery
 

Cent. Ill. Average Price at Country Elevators

Week of

7/11/2013

 7/3/2013

  Price--Basis Price--Basis

Corn

7.06 +145U

6.76 1/2 +144U

Soybeans

15.98 +126Q

15.80 +139Q

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]

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