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Illinois country grain prices were
mixed on Tuesday afternoon, with wheat higher and corn and
soybeans lower.
Wheat drew strength from the cold
and wet weather forecast for the western Plains states.
Corn futures were weakened by
technical trading at the Board of Trade. In the cash markets,
the cash soybean processor basis remained firm, with increases
of 5 to 10
cents noted at many locations.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were down 4 to 7 cents at 6.75-6.88.
Soybean bids were mostly 8 to 12
cents lower at 14.57-14.67.
In Central Illinois country grain dealers quoted shelled corn
bids were 10 cents lower at 6.68-6.82.
Soybean bids 7 to 10 cents lower
at 14.74-14.89.
In the Southern part of the state, shelled corn bids were mostly
6 to 10 cents lower at 6.58-6.93.
Soybean bids were mostly 4 to 10
cents lower at 14.79-14.99. Wheat bids were 6 to 11 cents higher
at 7.11-7.31.
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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 |
6.77 - 6.80 |
14.60 - 14.67 |
|
WESTERN |
6.75 - 6.88 |
14.57 - 14.65 |
|
N. CENT. |
6.74 - 6.82 |
14.74 - 14.89 |
|
S. CENTRAL |
6.68 - 6.79 |
14.76 - 14.89 |
|
WABASH |
6.80 - 6.90 |
14.81 - 14.97 |
7.12 - 7.31 |
W.S. WEST |
6.58 - 6.70 |
14.79 - 14.99 |
7.20 - 7.26 |
L. EGYPT |
6.85 - 6.93 |
14.79 - 14.98 |
7.11 - 7.26 |
Central Illinois average price
Corn: 6.75 (- 8 K)
Soybeans:
14.81 1/2 (+14 K)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
5.23 - 5.35 |
11.85 - 11.94 |
|
WESTERN |
5.19 - 5.30 |
11.86 - 11.91 |
|
N. CENT. |
5.23 - 5.37 |
11.91 - 12.06 |
|
S. CENTRAL |
5.23 - 5.39 |
11.94 - 12.06 |
|
WABASH |
5.29 - 5.38 |
11.94 - 12.11 |
7.01 - 7.11 |
W.S. WEST |
5.25 - 5.35 |
12.00 - 12.15 |
7.20 - 7.27 |
L. EGYPT |
5.34 - 5.42 |
11.89 - 12.12 |
7.09 - 7.16 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
Week of |
4/25/2013 |
4/18/2013 |
|
Price--Basis |
Price--Basis |
Corn |
6.49 1/2 +4K |
6.50 1/2 +6K |
Soybeans |
14.49 1/2 +26K |
14.49 1/2 +26K |
Annual Comparison
|
March 2013 |
April 2012 |
|
Price--Basis |
Price--Basis |
Corn |
7.33
+16 1/2K |
6.34 - 1/2K |
Soybeans |
14.62 +17K |
14.23 -17 1/2K |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |