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Illinois country grain prices were
sharply lower on Monday afternoon.
Grain prices weakened as the
extended weather forecast gave a small window for corn planting
to resume in the cornbelt. According to the National Ag
Statistics
Service, the nations corn planting was 12% complete, compared to
47% for the five year average.
Illinois producers had finished 7%
of their corn planting, compared to 48% for the five year
average.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 17 to 25 cents lower at 6.58-6.77.
Soybean bids were 15 to 17 cents
lower at 14.18-14.33.
In Central Illinois country grain dealers quoted shelled corn
bids were 23 to 25 cents lower at 6.57-6.72.
Soybean bids were 17 to 18 cents
lower at 14.40-14.59.
In the Southern part of the state, shelled corn bids were 16 to
22 cents lower at 6.53-6.85.
Soybean bids were 14 to 20 cents
lower at 14.40-14.54.
Wheat bids were 18 cents lower at
6.83-7.06.
[to top of second column] |
Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Monday are listed below in dollars per bushel:
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
|
NORTHERN |
6.63 - 6.77 |
14.18 - 14.23 |
|
|
WESTERN |
6.58 - 6.69 |
14.23 - 14.33 |
|
|
N. CENT. |
6.61 - 6.72 |
14.40 - 14.59 |
|
|
S. CENTRAL |
6.57 - 6.66 |
14.42 - 14.54 |
|
|
WABASH |
6.65 - 6.77 |
14.40 - 14.54 |
6.83 - 6.90 |
|
W.S. WEST |
6.53 - 6.67 |
14.44 - 14.52 |
6.96 - 7.06 |
|
L. EGYPT |
6.72 - 6.85 |
14.44 - 14.54 |
6.90 - 6.98 |
Central Illinois average price
Corn: 6.64 1/2 (+28 N)
Soybeans:
14.49 1/2 (+80 N)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.05 - 5.17 |
11.69 - 11.77 |
|
|
WESTERN |
5.04 - 5.12 |
11.69 - 11.75 |
|
|
N. CENT. |
5.05 - 5.18 |
11.76 - 11.90 |
|
|
S. CENTRAL |
5.05 - 5.20 |
11.78 - 11.89 |
|
|
WABASH |
5.10 - 5.20 |
11.77 - 11.82 |
6.73 - 6.83 |
|
W.S. WEST |
5.05 - 5.16 |
11.84 - 11.91 |
6.83 - 7.01 |
|
L. EGYPT |
5.15 - 5.23 |
11.77 - 11.87 |
6.80 - 6.91 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
5/2/2013 |
4/25/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
6.87 1/2 +25
1/2N |
6.49 1/2 +4K |
|
Soybeans |
14.44 1/2 +71
1/2N |
14.49 1/2 +26K |
Annual Comparison
|
|
April 2013 |
May
2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
6.57
+ 8K |
6.27 +26K |
|
Soybeans |
14.30 +20 1/2K |
14.04 -14K |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
