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Illinois country grain prices were
lower on Thursday afternoon.
Wednesday Federal Reserve
statement that a change may be coming in interest rates pushed
markets lower.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 9 to 12 cents lower at 7.03-7.19.
Soybean bids were 23 to 27 cents
lower at 14.97-15.09.
In Central Illinois country grain dealers quoted shelled corn
bids were 8 to 10 cents lower at 7.02-7.16.
Soybean bids were 23 to 27 cents
lower at 15.22-15.41.
In the Southern part of the state, shelled corn bids were 9 to
11 cents lower at 6.97-7.28.
Soybean bids were 21 to 27 cents
lower at 15.29-15.46.
Wheat bids were 5 to 7 cents lower
at 6.82-6.99.
[to top of second column] |
Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Thursday are listed below in dollars per bushel:
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
|
NORTHERN |
7.03 - 7.19 |
14.97 - 15.03 |
|
|
WESTERN |
7.05 - 7.17 |
15.00 - 15.09 |
|
|
N. CENT. |
7.02 - 7.16 |
15.22 - 15.37 |
|
|
S. CENTRAL |
7.03 - 7.13 |
15.25 - 15.41 |
|
|
WABASH |
7.13 - 7.28 |
15.30 - 15.38 |
6.81 - 6.91 |
|
W.S. WEST |
6.97 - 7.18 |
15.29 - 15.35 |
6.82 - 6.99 |
|
L. EGYPT |
7.16 - 7.28 |
15.38 - 15.46 |
6.86 - 6.91 |
Central Illinois average price
Corn: 7.09 (+36 N)
Soybeans:
15.31 1/2 (+34 1/2 N)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.28 - 5.38 |
12.46 - 12.55 |
|
|
WESTERN |
5.27 - 5.38 |
12.47 - 12.60 |
|
|
N. CENT. |
5.29 - 5.40 |
12.55 - 12.76 |
|
|
S. CENTRAL |
5.32 - 5.47 |
12.60 - 12.72 |
|
|
WABASH |
5.32 - 5.43 |
12.60 - 12.75 |
|
|
W.S. WEST |
5.34 - 5.44 |
12.67 - 12.78 |
|
|
L. EGYPT |
5.38 - 5.46 |
12.60 - 12.75 |
|
***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] |
