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 (Copy)
Illinois country grain prices were
mixed on Tuesday afternoon, with soybeans higher and corn and
wheat lower.
Corn futures fell due to technical
trading at the Board of Trade and higher than expected corn
planting pace.
In the cash markets, trading has
been slow to moderate.
The cash soybean basis has
remained firm at most soybean processors, but weaker at many
river terminals, with losses of 8 to 9 cents noted.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 7 to 10 cents lower at 6.69-6.88.
Soybean bids were mostly 8 to 9
cents higher at 15.07-15.35.
In Central Illinois country grain dealers quoted shelled corn
bids were 10 cents lower at 6.68-6.78.
Soybean bids were 9 to 15 cents
higher at 15.57-15.68.
In the Southern part of the state, shelled corn bids were 10
cents lower at 6.47-6.85.
Soybean bids were mostly 4 to 8
cents higher at 15.28-15.73.
Wheat bids were mixed at
6.60-6.90.
[to top of second column] |
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 |
6.72 - 6.88 |
15.23 - 15.35 |
|
|
WESTERN |
6.69 - 6.80 |
15.07 - 15.28 |
|
|
N. CENT. |
6.68 - 6.77 |
15.58 - 15.64 |
|
|
S. CENTRAL |
6.68 - 6.78 |
15.57 - 15.68 |
|
|
WABASH |
6.67 - 6.80 |
15.50 - 15.63 |
6.60 - 6.68 |
|
W.S. WEST |
6.47 - 6.56 |
15.28 - 15.40 |
6.80 - 6.90 |
|
L. EGYPT |
6.78 - 6.85 |
15.63 - 15.73 |
6.71 - 6.80 |
Central Illinois average price
Corn: 6.72 1/2 (+32 1/2
N)
Soybeans:
15.61 (+83 N)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
4.86 - 5.01 |
11.84 - 11.91 |
|
|
WESTERN |
4.86 - 4.94 |
11.83 - 12.04 |
|
|
N. CENT. |
4.83 - 5.00 |
11.88 - 11.93 |
|
|
S. CENTRAL |
4.86 - 5.00 |
11.96 - 12.06 |
|
|
WABASH |
4.92 - 5.10 |
11.91 - 12.08 |
6.50 - 6.61 |
|
W.S. WEST |
4.88 - 4.99 |
11.99 - 12.08 |
6.59 - 6.78 |
|
L. EGYPT |
4.97 - 5.05 |
11.88 - 12.09 |
6.61 - 6.70 |
***June/July 2013 delivery
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] |
