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Illinois country grain prices were
mixed on Tuesday afternoon, with corn slightly higher and
soybeans slightly lower.
Corn futures were supported by the
forecast for more rainfall for the cornbelt.
Soybean values moved lower as
there was a lack of positive news and some weakness in the cash
soybean basis.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 6 cents higher at 6.89-7.05.
Soybean bids were at 3 to 8 cents
lower at 15.19-15.39.
In Central Illinois country grain dealers quoted shelled corn
bids were 4 to 7 cents higher at 6.87-7.00.
Soybean bids were 3 cents lower at
15.42-15.63.
In the Southern part of the state, shelled corn bids were 4 to 5
cents higher at 6.86-7.09.
Soybean bids were 9 to 10 cents
lower at 15.44-15.79.
Wheat bids were mixed at
6.87-7.13.
[to top of second column] |
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 |
6.91 - 7.05 |
15.19 - 15.31 |
|
|
WESTERN |
6.89 - 7.00 |
15.26 - 15.39 |
|
|
N. CENT. |
6.87 - 7.00 |
15.54 - 15.62 |
|
|
S. CENTRAL |
6.87 - 6.97 |
15.42 - 15.63 |
|
|
WABASH |
6.91 - 7.05 |
15.65 - 15.74 |
6.87 - 6.91 |
|
W.S. WEST |
6.86 - 7.03 |
15.44 - 15.51 |
7.06 - 7.13 |
|
L. EGYPT |
7.01 - 7.09 |
15.69 - 15.79 |
6.89 - 6.94 |
Central Illinois average price
Corn: 6.93 1/2 (+33 N)
Soybeans:
15.52 1/2 (+24 N)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.21 - 5.35 |
12.75 - 12.85 |
|
|
WESTERN |
5.19 - 5.31 |
12.79 - 12.91 |
|
|
N. CENT. |
5.23 - 5.33 |
12.85 - 13.05 |
|
|
S. CENTRAL |
5.23 - 5.34 |
12.96 - 13.03 |
|
|
WABASH |
5.26 - 5.35 |
12.91 - 12.96 |
|
|
W.S. WEST |
5.20 - 5.36 |
12.97 - 13.03 |
|
|
L. EGYPT |
5.30 - 5.38 |
12.91 - 13.04 |
|
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
5/30/2013 |
5/23/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
6.89 +35N |
6.951/2 +331/2 N |
|
Soybeans |
15.311/2 +36N |
15.351/2 +36N |
Annual Comparison
|
|
April 2013 |
May
2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
6.57
+ 8K |
6.27 +26K |
|
Soybeans |
14.30 +20 1/2K |
14.04 -14K |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
