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Illinois country grain prices were
mixed on Monday afternoon, with wheat and soybeans higher and
corn lower.
The Weekly Crop Progress report by
the National Ag Statistics Service indicated that both US and
Illinois farmers made great progress with corn planting last
week.
In the report, 71% of the US corn
crop was planted, compared to the five year average of 79%.
Illinois farmers had completed 74%
of their corn planting, compared to just 17% last week and 77%
for the 5 year average.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 2 to 3 cents lower at 6.76-6.98.
Soybean bids were mixed at
15.10-15.27.
In Central Illinois country grain dealers quoted shelled corn
bids were 2 to 3 cents lower at 6.78-6.88.
Soybean bids were 10 cents higher
at 15.42-15.59.
In the Southern part of the state, shelled corn bids were 3 to 5
cents lower at 6.57-6.95.
Soybean bids were mixed at
15.26-15.65. Wheat bids were steady to 3 cents higher at
6.66-6.86.
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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 |
6.83 - 6.98 |
15.10 - 15.23 |
|
WESTERN |
6.76 - 6.89 |
15.10 - 15.27 |
|
N. CENT. |
6.78 - 6.88 |
15.42 - 15.52 |
|
S. CENTRAL |
6.78 - 6.88 |
15.44 - 15.59 |
|
WABASH |
6.78 - 6.90 |
15.45 - 15.57 |
6.66 - 6.72 |
W.S. WEST |
6.57 - 6.67 |
15.26 - 15.38 |
6.82 - 6.86 |
L. EGYPT |
6.85 - 6.95 |
15.50 - 15.65 |
6.72 - 6.84 |
Central Illinois average price
Corn: 6.83 (+33 1/2 N)
Soybeans:
15.50 1/2 (+86 N)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
4.86 - 5.01 |
11.88 - 11.94 |
|
WESTERN |
4.87 - 4.92 |
11.86 - 11.92 |
|
N. CENT. |
4.83 - 5.00 |
11.92 - 11.98 |
|
S. CENTRAL |
4.94 - 5.01 |
12.00 - 12.10 |
|
WABASH |
4.92 - 5.10 |
11.95 - 12.13 |
6.56 - 6.65 |
W.S. WEST |
4.87 - 4.99 |
12.02 - 12.11 |
6.65 - 6.83 |
L. EGYPT |
4.97 - 5.05 |
11.91 - 12.13 |
6.65 - 6.74 |
Cent. Ill. Average Price at Country
Elevators
Week of |
5/16/2013 |
5/9/2013 |
|
Price--Basis |
Price--Basis |
Corn |
6.73 +31 1/2N |
6.79 1/2 +31N
|
Soybeans |
15.22 +94 1/2N |
14.97 1/2 +89N |
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] |