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 (Copy)
Illinois country grain prices were
higher on Wednesday afternoon.
Technical buying at the Board of
Trade helped to support wheat and soybean futures.
Wheat also received a boost from
good domestic demand. In the cash markets, grain movement was
slow to moderate.
There was weakness noted in the
corn basis. River terminals and processors basis fell by 2 to 6
cents per bushel.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were mostly 2 to 4 cents higher at 7.32-7.58.
Soybean bids were 13 to 15 cents
higher at 14.06-14.25.
In Central Illinois country grain dealers quoted shelled corn
bids were 4 cents higher at 7.45-7.58.
Soybean bids were 11 cents higher
at 14.30-14.44.
In the Southern part of the state, shelled corn bids were 4 to 6
cents higher at 7.22-7.68.
Soybean bids were 13 to 15 cents
higher at 14.19-14.58.
Wheat bids were 14 cents higher at
7.31-7.51.
[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 |
7.33 - 7.58 |
14.09 - 14.25 |
|
|
WESTERN |
7.32 - 7.45 |
14.06 - 14.17 |
|
|
N. CENT. |
7.45 - 7.51 |
14.37 - 14.44 |
|
|
S. CENTRAL |
7.45 - 7.58 |
14.30 - 14.41 |
|
|
WABASH |
7.52 - 7.68 |
14.43 - 14.50 |
7.31 - 7.46 |
|
W.S. WEST |
7.22 - 7.53 |
14.19 - 14.34 |
7.36 - 7.49 |
|
L. EGYPT |
7.61 - 7.68 |
14.50 - 14.58 |
7.41 - 7.51 |
Central Illinois average price
Corn: 7.51 1/2 (+19 K)
Soybeans:
14.37 (+17 K)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.33 - 5.46 |
12.19 - 12.31 |
|
|
WESTERN |
5.29 - 5.47 |
12.21 - 12.31 |
|
|
N. CENT. |
5.32 - 5.43 |
12.23 - 12.32 |
|
|
S. CENTRAL |
5.33 - 5.50 |
12.32 - 12.43 |
|
|
WABASH |
5.39 - 5.52 |
12.31 - 12.36 |
7.04 - 7.14 |
|
W.S. WEST |
5.30 - 5.48 |
12.38 - 12.46 |
7.12 - 7.28 |
|
L. EGYPT |
5.42 - 5.52 |
12.31 - 12.44 |
7.02 - 7.14 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
3/14/2013 |
3/7/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.34 1/2 +18K |
7.10 +19K |
|
Soybeans |
14.54 +18 1/2K |
14.90 1/2 +17K |
Annual Comparison
|
|
February 2013 |
March 2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.15
+7 1/2H |
6.46 - 1 1/2K |
|
Soybeans |
14.67 +11H |
13.33 -19 1/2K |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
