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Illinois country grain prices were
mixed on Monday afternoon.
Good growing conditions for corn
and soybeans plus some rain in the near term forecast helped to
push prices lower.
In the cash markets, cash basis
stabilized in many cases and had strengthened in some others.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 4 to 7 cents higher at 5.49-5.69.
Soybean bids were 7 to 24 cents
higher at 13.25-13.61.
In Central Illinois country grain dealers quoted shelled corn
bids were mixed at 5.82-6.00.
Soybean bids were mostly 7 to 16
cents lower at 13.36-13.71.
In the Southern part of the state, shelled corn bids were mostly
3 to 6 cents lower at 5.83-6.14.
Soybean bids were mixed at
13.49-13.93.
Wheat bids were steady to 2 cents
higher at 6.32-6.54.
[to top of second
column] |
Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Monday are listed below in dollars per bushel:
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
NORTHERN |
5.59 - 5.69 |
13.25 - 13.30 |
|
WESTERN |
5.49 - 5.69 |
13.49 - 13.61 |
|
N. CENT. |
5.82 - 5.92 |
13.55 - 13.71 |
|
S. CENTRAL |
5.92 - 6.00 |
13.36 - 13.67 |
|
WABASH |
5.89 - 6.14 |
13.78 - 13.87 |
6.32 - 6.43 |
W.S. WEST |
5.83 - 5.94 |
13.49 - 13.62 |
6.44 - 6.54 |
L. EGYPT |
5.89 - 6.09 |
13.88 - 13.93 |
6.32 - 6.40 |
Central Illinois average price
Corn: 5.91 (+102 U)
Soybeans:
13.53 1/2 (- 14 Q)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
4.43 - 4.58 |
11.86 - 11.94 |
|
WESTERN |
4.39 - 4.51 |
11.89 - 12.05 |
|
N. CENT. |
4.43 - 4.53 |
11.92 - 12.08 |
|
S. CENTRAL |
4.48 - 4.57 |
12.00 - 12.07 |
|
WABASH |
4.45 - 4.55 |
11.95 - 12.08 |
|
W.S. WEST |
4.51 - 4.63 |
12.10 - 12.14 |
|
L. EGYPT |
4.50 - 4.59 |
11.97 - 12.10 |
|
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
Week of |
7/25/2013 |
7/18/2013
|
|
Price--Basis |
Price--Basis |
Corn |
6.12 +1.16U
|
6.761/2 +1351/2 U |
Soybeans |
13.70 +15Q |
15.64 +95Q |
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] |