(Copy)
Illinois country grain prices were
mixed on Thursday afternoon, with corn slightly higher and
soybeans and wheat lower.
Corn futures gained strength from
higher than expected weekly export sales figures, with China
being the major buyer this week.
China was also a major buyer of US
wheat, but weekly sales numbers were under trade expectations.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were mostly 1 to 3 cents higher at 6.74-6.86.
Soybean bids were mostly 6 to 9
cents lower at 15.28-15.46.
In Central Illinois country grain dealers quoted shelled corn
bids were mostly 2 to 4 cent higher at 6.67-6.86.
Soybean bids were 7 to 8 cents
lower at 15.58-15.70.
In the Southern part of the state, shelled corn bids were 2 to 3
cents higher at 6.75-6.91.
Soybean bids were mostly 8 to 10
cents lower at 15.57-15.99.
Wheat bids were 4 to 8 cents lower
at 6.41-6.54.
[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 |
6.78 - 6.80 |
15.28 - 15.39 |
|
WESTERN |
6.74 - 6.86 |
15.31 - 15.46 |
|
N. CENT. |
6.67 - 6.86 |
15.60 - 15.70 |
|
S. CENTRAL |
6.74 - 6.80 |
15.58 - 15.69 |
|
WABASH |
6.81 - 6.91 |
15.79 - 15.89 |
6.41 - 6.46 |
W.S. WEST |
6.75 - 6.82 |
15.57 - 15.63 |
6.45 - 6.54 |
L. EGYPT |
6.81 - 6.91 |
15.89 - 15.99 |
6.41 - 6.49 |
Central Illinois average price
Corn: 6.76 1/2 (+135 1/2
U)
Soybeans:
15.64 (+ 95 Q)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
4.71 - 4.80 |
12.29 - 12.36 |
|
WESTERN |
4.67 - 4.78 |
12.28 - 12.40 |
|
N. CENT. |
4.70 - 4.83 |
12.38 - 12.59 |
|
S. CENTRAL |
4.76 - 4.88 |
12.42 - 12.53 |
|
WABASH |
4.75 - 4.83 |
12.40 - 12.56 |
|
W.S. WEST |
4.79 - 4.91 |
12.58 - 12.62 |
|
L. EGYPT |
4.78 - 4.87 |
12.46 - 12.56 |
|
***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] |