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Illinois country grain prices were
higher on Wednesday afternoon.
New crop prices closed higher.
Traders expect the USDA's planted
corn
acreage to be reduced and there is concern over soybean
plantings with more rain in the forecast.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 8 to 11 cents higher at 7.12-7.31.
Soybean bids were 10 to 15 cents
higher at 15.22-15.33.
In Central Illinois country grain dealers quoted shelled corn
bids were 9 to 13 cents higher at 7.11-7.24.
Soybean bids were 10 to 16 cents
higher at 15.47-15.67.
In the Southern part of the state, shelled corn bids were 7 to
10 cents higher at 7.06-7.37.
Soybean bids were 10 to 14 cents
higher at 15.50-15.71.
Wheat bids were 18 to 22 cents
higher at 6.87-7.05.
[to top of second column] |
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 |
7.12 - 7.31 |
15.22 - 15.29 |
|
|
WESTERN |
7.14 - 7.26 |
15.23 - 15.33 |
|
|
N. CENT. |
7.11 - 7.24 |
15.47 - 15.62 |
|
|
S. CENTRAL |
7.12 - 7.22 |
15.52 - 15.67 |
|
|
WABASH |
7.22 - 7.37 |
15.55 - 15.63 |
6.87 - 6.89 |
|
W.S. WEST |
7.06 - 7.29 |
15.50 - 15.60 |
6.95 - 7.05 |
|
L. EGYPT |
7.25 - 7.37 |
15.63 - 15.71 |
6.87 - 6.97 |
Central Illinois average price
Corn: 7.17 1/2 (+35 N)
Soybeans:
15.57 (+34 N)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.38 - 5.54 |
12.75 - 12.90 |
|
|
WESTERN |
5.37 - 5.48 |
12.73 - 12.86 |
|
|
N. CENT. |
5.39 - 5.52 |
12.80 - 12.99 |
|
|
S. CENTRAL |
5.42 - 5.57 |
12.84 - 12.98 |
|
|
WABASH |
5.42 - 5.53 |
12.86 - 13.01 |
|
|
W.S. WEST |
5.44 - 5.54 |
12.93 - 13.04 |
|
|
L. EGYPT |
5.48 - 5.56 |
12.86 - 13.01 |
|
***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] |
