|
 (Copy)
Illinois country grain prices were
mixed on Wednesday afternoon, with soybeans higher and corn and
wheat futures lower.
Technical trading at the Board of
Trade
supported soybean futures on Wednesday.
Many traders are already looking
forward
to Friday's release of the new Supply Demand forecast by the
USDA.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were mostly 6 to 7 cents lower at 6.57-6.73.
Soybean bids were mostly 11 to 15
cents higher at 14.51-14.71.
In Central Illinois country grain dealers quoted shelled corn
bids were 7 to 8 cents lower at 6.55-6.69.
Soybean bids were mostly 8 to 11
cents higher at 14.67-14.85.
In the Southern part of the state, shelled corn bids were 7 cent
lower at 6.47-6.73. Soybean bids were 9 to 11 cents higher at
14.62-14.79.
Wheat bids were 3 to 6 cents lower
at 6.86-7.07.
[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 |
6.60 - 6.73 |
14.51 - 14.62 |
|
|
WESTERN |
6.57 - 6.67 |
14.54 - 14.71 |
|
|
N. CENT. |
6.59 - 6.69 |
14.67 - 14.85 |
|
|
S. CENTRAL |
6.55 - 6.68 |
14.68 - 14.77 |
|
|
WABASH |
6.60 - 6.73 |
14.62 - 14.76 |
6.86 - 6.93 |
|
W.S. WEST |
6.47 - 6.54 |
14.70 - 14.79 |
6.99 - 7.07 |
|
L. EGYPT |
6.68 - 6.73 |
14.66 - 14.76 |
6.96 - 7.01 |
Central Illinois average price
Corn: 6.62 (+29 N)
Soybeans:
14.76 (+85 N)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
4.98 - 5.11 |
11.77 - 11.84 |
|
|
WESTERN |
4.97 - 5.06 |
11.77 - 11.82 |
|
|
N. CENT. |
4.99 - 5.12 |
11.80 - 11.97 |
|
|
S. CENTRAL |
5.00 - 5.14 |
11.85 - 11.96 |
|
|
WABASH |
5.05 - 5.14 |
11.84 - 11.89 |
6.76 - 6.86 |
|
W.S. WEST |
5.00 - 5.10 |
11.90 - 11.98 |
6.86 - 7.02 |
|
L. EGYPT |
5.09 - 5.17 |
11.81 - 11.94 |
6.80 - 6.92 |
***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] |
