(Copy)
Illinois country grain prices were
higher on Tuesday afternoon.
Both corn and soybean futures
received a boost from positive export news and good export
interest.
Technical buying at the Board of
Trade also helped to lift corn values.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 6 cents higher at 7.18-7.41.
Soybean bids were mostly 6 to 10
cents higher at 14.63-14.85.
In Central Illinois country grain dealers quoted shelled corn
bids were 4 to 6 cents higher at 7.21-7.34.
Soybean bids were up 9 to 12 cents
at 14.78-14.89.
In the Southern part of the state, shelled corn bids were 4 to 9
cents higher at 7.09-7.44.
Soybean bids were 4 to 9 cents
higher at 14.92-15.08.
Wheat bids were 2 to 4 cents
higher at 6.98-7.16.
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Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Tuesday are listed below in dollars per bushel:
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
NORTHERN |
7.31 - 7.41 |
14.66 - 14.75 |
|
WESTERN |
7.18 - 7.26 |
14.63 - 14.85 |
|
N. CENT. |
7.21 - 7.31 |
14.80 - 14.86 |
|
S. CENTRAL |
7.22 - 7.34 |
14.78 - 14.89 |
|
WABASH |
7.32 - 7.42 |
14.92 - 15.00 |
6.98 - 7.16 |
W.S. WEST |
7.09 - 7.28 |
14.94 - 15.08 |
7.07 - 7.16 |
L. EGYPT |
7.37 - 7.44 |
14.96 - 15.05 |
7.09 - 7.16 |
Central Illinois average price
Corn: 7.27 1/2 (+18 1/2
K)
Soybeans:
14.83 1/2 (+17 K)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
5.28 - 5.37 |
12.35 - 12.47 |
|
WESTERN |
5.14 - 5.30 |
12.35 - 12.47 |
|
N. CENT. |
5.17 - 5.27 |
12.36 - 12.45 |
|
S. CENTRAL |
5.18 - 5.32 |
12.42 - 12.56 |
|
WABASH |
5.24 - 5.37 |
12.46 - 12.51 |
6.72 - 6.82 |
W.S. WEST |
5.15 - 5.31 |
12.49 - 12.60 |
6.92 - 6.93 |
L. EGYPT |
5.27 - 5.37 |
12.46 - 12.60 |
6.78 - 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] |