(Copy) Illinois country grain
prices were mixed on Wednesday afternoon, with corn and soybeans
higher and wheat lower.
Strong cash markets helped to
support higher corn and soybean futures.
Technical selling at the Board
of Trade and harvest pressure pushed wheat prices lower.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 4 to 7 cents higher at 6.87-7.00.
Soybean bids were 8 cents
higher at 15.37-15.48.
In Central Illinois country grain dealers quoted shelled corn
bids were 8 to 11 cents higher at 6.94-7.07.
Soybean bids were mixed at
15.49-15.66.
In the Southern part of the state, shelled corn bids were 6 to 8
cents higher at 6.78-7.20.
Soybean bids were 7 to 11 cents
higher at 15.69-15.82.
Wheat bids were mostly 6 to 14
cents lower at 6.42-6.61.
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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 |
6.90 - 7.00 |
15.39 - 15.45 |
|
WESTERN |
6.87 - 6.97 |
15.37 - 15.48 |
|
N. CENT. |
6.94 - 6.99 |
15.60 - 15.66 |
|
S. CENTRAL |
6.97 - 7.07 |
15.49 - 15.55 |
|
WABASH |
7.05 - 7.20 |
15.69 - 15.79 |
6.47 - 6.55 |
W.S. WEST |
6.78 - 7.13 |
15.71 - 15.77 |
6.53 - 6.61 |
L. EGYPT |
7.08 - 7.20 |
15.74 - 15.82 |
6.42 - 6.55 |
Central Illinois average price
Corn: 7.00 1/2 (+36 N)
Soybeans:
15.57 1/2 (+23 N)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
5.12 - 5.29 |
12.37 - 12.46 |
|
WESTERN |
5.10 - 5.22 |
12.42 - 12.51 |
|
N. CENT. |
5.12 - 5.24 |
12.46 - 12.64 |
|
S. CENTRAL |
5.19 - 5.29 |
12.51 - 12.66 |
|
WABASH |
5.16 - 5.26 |
12.51 - 12.66 |
|
W.S. WEST |
5.20 - 5.29 |
12.58 - 12.72 |
|
L. EGYPT |
5.22 - 5.29 |
12.51 - 12.66 |
|
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
Week of |
6/20/2013 |
6/13/2013 |
|
Price--Basis |
Price--Basis |
Corn |
7.09 +36N |
6.74 1/2 +31N |
Soybeans |
15.31 1/2 +34 1/2N |
15.32 1/2 +22N 1 |
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] |