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Illinois country grain prices were
mostly lower on Wednesday afternoon.
The USDA raised the 2012-2013
ending corn stock by 10 million to 769 million bushels in
today's Supply Demand report.
The soybean ending stocks were
left unchanged at 265 million bushels.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 8 to 11 cents lower at 6.78-6.99.
Soybean bids were mixed at
15.26-15.46.
In Central Illinois country grain dealers quoted shelled corn
bids were 8 to 12 cents lower at 6.76-6.91.
Soybean bids were steady to 4
cents
lower at 15.49-15.70.
In the Southern part of the state, shelled corn bids were 8 to
10 cents lower at 6.77-6.99.
Soybean bids were steady to 4
cents lower at 15.50-15.89.
Wheat bids were 13 to 15 cents
lower at 6.60-6.87.
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Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Wednesday are listed below in dollars per bushel:
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
NORTHERN |
6.82 - 6.99 |
15.26 - 15.37 |
|
WESTERN |
6.78 - 6.91 |
15.36 - 15.46 |
|
N. CENT. |
6.79 - 6.91 |
15.51 - 15.70 |
|
S. CENTRAL |
6.76 - 6.87 |
15.49 - 15.68 |
|
WABASH |
6.84 - 6.96 |
15.69 - 15.81 |
6.60 - 6.65 |
W.S. WEST |
6.77 - 6.96 |
15.50 - 15.65 |
6.77 - 6.87 |
L. EGYPT |
6.91 - 6.99 |
15.81 - 15.89 |
6.71 - 6.76 |
Central Illinois average price
Corn: 6.83 1/2 (+33 N)
Soybeans:
15.59 1/2 (+19 N)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
5.05 - 5.23 |
12.75 - 12.94 |
|
WESTERN |
5.03 - 5.15 |
12.76 - 13.00 |
|
N. CENT. |
5.07 - 5.17 |
12.84 - 13.02 |
|
S. CENTRAL |
5.06 - 5.21 |
12.89 - 13.01 |
|
WABASH |
5.10 - 5.19 |
12.87 - 13.02 |
|
W.S. WEST |
5.13 - 5.24 |
12.96 - 13.09 |
|
L. EGYPT |
5.15 - 5.23 |
12.87 - 13.02 |
|
***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] |