(Copy)
Illinois country grain prices were
mixed on Monday afternoon, with soybeans higher and corn and
wheat lower.
Higher than expected weekly export
inspection figures helped to lift soybean futures.
Also, supporting prices, the
announcement of the sale of 120,000 tonnes of US soybeans to
China for the 2013-2014 crop year.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were mostly 3 to 8 cents lower at 7.12-7.35.
Soybean bids were 10 to 19 cents
higher at 14.58-14.63.
In Central Illinois country grain dealers quoted shelled corn
bids were 4 to 6 cents lower at 7.17-7.28.
Soybean bids were up 15 cents at
14.69-14.84.
In the Southern part of the state, shelled corn bids were mostly
5 to 8 cents lower at 7.00-7.40.
Soybean bids were 18 to 20 cents
higher at 14.83-15.04.
Wheat bids were 16 to 17 cents
lower at 6.94-7.14.
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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 |
7.25 - 7.35 |
14.58 - 14.63 |
|
WESTERN |
7.12 - 7.20 |
14.58 - 14.63 |
|
N. CENT. |
7.17 - 7.26 |
14.69 - 14.80 |
|
S. CENTRAL |
7.17 - 7.28 |
14.74 - 14.84 |
|
WABASH |
7.26 - 7.39 |
14.87 - 14.92 |
6.94 - 7.13 |
W.S. WEST |
7.00 - 7.23 |
14.83 - 14.92 |
7.04 - 7.12 |
L. EGYPT |
7.32 - 7.40 |
14.92 - 15.04 |
7.11 - 7.14 |
Central Illinois average price
Corn: 7.22 1/2 (+19 K)
Soybeans:
14.76 1/2 (+14 1/2 K)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
5.26 - 5.38 |
12.29 - 12.40 |
|
WESTERN |
5.18 - 5.24 |
12.28 - 12.40 |
|
N. CENT. |
5.16 - 5.26 |
12.27 - 12.39 |
|
S. CENTRAL |
5.15 - 5.30 |
12.42 - 12.49 |
|
WABASH |
5.22 - 5.35 |
12.39 - 12.45 |
6.67 - 6.77 |
W.S. WEST |
5.13 - 5.29 |
12.42 - 12.54 |
6.88 - 6.89 |
L. EGYPT |
5.25 - 5.35 |
12.39 - 12.54 |
6.72 - 6.87 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
Week of |
2/28/2013 |
2/21/2013 |
|
Price--Basis |
Price--Basis |
Corn |
7.21 1/2 +2H |
7.00 +9H |
Soybeans |
14.71 1/2 -3H |
14.96 1/2 +9H |
Annual Comparison
|
January 2013 |
February 2012 |
|
Price--Basis |
Price--Basis |
Corn |
7.17 + 2H |
6.41 + 1/2H |
Soybeans |
14.30 +11H
|
12.40 -15 H |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |