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 (Copy)
Illinois country grain prices were
lower on Monday afternoon.
Improved weather conditions along
with chart selling and profit taking combined to drive prices
lower.
Traders were also expecting an
increase in Wednesday's USDA Supply and Demand report.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 8 to 15 cents lower at 6.78-6.96.
Soybean bids were 13 to 15 cents
lower at 14.97-15.17.
In Central Illinois country grain dealers quoted shelled corn
bids were 14 to 16 cents lower at 6.72-6.90.
Soybean bids were 14 to 16 cents
lower at 15.30-15.47.
In the Southern part of the state, shelled corn bids were 14 to
16 cents lower at 6.76-6.98.
Soybean bids were mostly 16 cents
lower at 15.25-15.60.
Wheat bids were 5 to 6 cents lower
at 6.70-6.94.
[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 |
6.80 - 6.96 |
14.97 - 15.12 |
|
|
WESTERN |
6.78 - 6.88 |
15.02 - 15.17 |
|
|
N. CENT. |
6.78 - 6.90 |
15.34 - 15.42 |
|
|
S. CENTRAL |
6.72 - 6.87 |
15.30 - 15.47 |
|
|
WABASH |
6.83 - 6.95 |
15.50 - 15.52 |
6.70 - 6.78 |
|
W.S. WEST |
6.76 - 6.92 |
15.25 - 15.35 |
6.86 - 6.94 |
|
L. EGYPT |
6.90 - 6.98 |
15.52 - 15.60 |
6.72 - 6.84 |
Central Illinois average price
Corn: 6.81 (+31 N)
Soybeans:
15.38 1/2 (+26 1/2 N)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.14 - 5.20 |
12.80 - 12.99 |
|
|
WESTERN |
5.12 - 5.17 |
12.81 - 12.94 |
|
|
N. CENT. |
5.16 - 5.26 |
12.89 - 13.07 |
|
|
S. CENTRAL |
5.17 - 5.30 |
12.94 - 13.06 |
|
|
WABASH |
5.20 - 5.28 |
12.94 - 12.99 |
|
|
W.S. WEST |
5.20 - 5.32 |
13.00 - 13.12 |
|
|
L. EGYPT |
5.23 - 5.31 |
12.92 - 13.07 |
|
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
6/6/2013 |
5/30/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
6.94 +31N |
6.89 +35N |
|
Soybeans |
15.52 1/2 +25N |
15.31 1/2 +36N |
Annual Comparison
|
|
May
2013 |
June
2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
6.83
+31N |
6.30 +27N |
|
Soybeans |
15.10 +72N |
14.15 - 7N |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
