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Illinois country grain prices were
sharply lower on Wednesday afternoon.
Corn futures fell weakened by
technical selling at the Board of Trade.
Wheat fell pressured by poor
export demand and export interest.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 20 cents lower at 6.98-7.21.
Soybean bids were mixed at
14.66-14.74.
In Central Illinois country grain dealers quoted shelled corn
bids were 20 to 22 cents lower at 7.01-7.12.
Soybean bids were mostly steady at
14.78-14.89.
In the Southern part of the state, shelled corn bids were 19
cents lower at 6.88-7.25.
Soybean bids were mixed at
14.81-15.06.
Wheat bids were 22 cents lower at
6.76-6.94.
[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 |
7.08 - 7.21 |
14.66 - 14.74 |
|
|
WESTERN |
6.98 - 7.03 |
14.67 - 14.73 |
|
|
N. CENT. |
7.03 - 7.11 |
14.80 - 14.89 |
|
|
S. CENTRAL |
7.01 - 7.12 |
14.78 - 14.87 |
|
|
WABASH |
7.12 - 7.21 |
14.90 - 14.99 |
6.76 - 6.93 |
|
W.S. WEST |
6.88 - 7.08 |
14.81 - 14.99 |
6.76 - 6.94 |
|
L. EGYPT |
7.16 - 7.25 |
14.96 - 15.06 |
6.83 - 6.94 |
Central Illinois average price
Corn: 7.06 1/2 (+18 K)
Soybeans:
14.83 1/2 (+17 1/2 K)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.20 - 5.29 |
12.40 - 12.50 |
|
|
WESTERN |
5.06 - 5.18 |
12.39 - 12.50 |
|
|
N. CENT. |
5.09 - 5.19 |
12.39 - 12.48 |
|
|
S. CENTRAL |
5.10 - 5.24 |
12.44 - 12.59 |
|
|
WABASH |
5.15 - 5.29 |
12.49 - 12.54 |
6.51 - 6.60 |
|
W.S. WEST |
5.07 - 5.23 |
12.52 - 12.63 |
6.53 - 6.73 |
|
L. EGYPT |
5.19 - 5.29 |
12.49 - 12.62 |
6.57 - 6.63 |
***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] |
