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Illinois country grain prices were
mixed on Thursday afternoon.
Higher soybean futures gained
strength from sharply higher soybean meal values.
Technical trading at the Board of
Trade and lower than expected weekly export sales figures
weighed on wheat prices.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were steady to 2 cents lower at 7.30-7.58.
Soybean bids were 25 to 29 cents
higher at 14.35-14.50.
In Central Illinois country grain dealers quoted shelled corn
bids were steady to 3 cents lower at 7.42-7.58.
Soybean bids were 28 to 29 cents
higher at 14.58-14.73.
In the Southern part of the state, shelled corn bids were steady
at 7.22-7.68.
Soybean bids were 26 to 29 cents
higher at 14.45-14.87. Wheat bids were 7 cents lower at
7.24-7.44.
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Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Thursday are listed below in dollars per bushel:
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
NORTHERN |
7.30 - 7.58 |
14.41 - 14.50 |
|
WESTERN |
7.35 - 7.40 |
14.35 - 14.41 |
|
N. CENT. |
7.45 - 7.51 |
14.66 - 14.73 |
|
S. CENTRAL |
7.42 - 7.58 |
14.58 - 14.69 |
|
WABASH |
7.52 - 7.68 |
14.70 - 14.79 |
7.24 - 7.39 |
W.S. WEST |
7.22 - 7.54 |
14.45 - 14.63 |
7.30 - 7.33 |
L. EGYPT |
7.61 - 7.68 |
14.74 - 14.87 |
7.34 - 7.44 |
Central Illinois average price
Corn: 7.50 (+17 K)
Soybeans:
14.65 1/2 (+16 1/2K)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
5.35 - 5.49 |
12.37 - 12.45 |
|
WESTERN |
5.31 - 5.38 |
12.35 - 12.43 |
|
N. CENT. |
5.33 - 5.44 |
12.37 - 12.46 |
|
S. CENTRAL |
5.34 - 5.51 |
12.46 - 12.57 |
|
WABASH |
5.41 - 5.54 |
12.45 - 12.50 |
6.97 - 7.08 |
W.S. WEST |
5.32 - 5.49 |
12.52 - 12.60 |
7.05 - 7.21 |
L. EGYPT |
5.44 - 5.53 |
12.45 - 12.58 |
6.96 - 7.08 |
***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] |