(Copy)
Illinois country grain prices were
mostly higher on Thursday afternoon.
Technical trading at the Board of
Trade helped to support higher corn and soybean values.
Wheat prices were given a boost
from good export interest.
In the cash grain markets, the
cash soybean basis continues to weaken with losses of 17 to 20
cents noted.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 3 to 4 cents higher at 6.91-7.08.
Soybean bids were 12 to 16 cents
lower at 15.00-15.24.
In Central Illinois country grain dealers quoted shelled corn
bids were 3 to 6 cents higher at 6.89-7.02.
Soybean bids were 17 to 29 cents
lower at 15.21-15.50.
In the Southern part of the state, shelled corn bids were mostly
2 to 3 cents higher at 6.68-7.07.
Soybean bids were 11 to 12 cents
lower at 15.24-15.67.
Wheat bids were 10 to 15 cents
higher at 6.80-7.16.
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Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Thursday are listed below in dollars per bushel:
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
NORTHERN |
6.94 - 6.98 |
15.00 - 15.16 |
|
WESTERN |
6.91 - 7.08 |
15.04 - 15.24 |
|
N. CENT. |
6.90 - 6.98 |
15.21 - 15.33 |
|
S. CENTRAL |
6.89 - 7.02 |
15.32 - 15.50 |
|
WABASH |
6.90 - 7.02 |
15.57 - 15.67 |
6.80 - 6.88 |
W.S. WEST |
6.68 - 6.78 |
15.24 - 15.44 |
7.06 - 7.16 |
L. EGYPT |
7.00 - 7.07 |
15.60 - 15.67 |
6.93 - 7.11 |
Central Illinois average price
Corn: 6.95 1/2 (+33 1/2
N)
Soybeans:
15.35 1/2 (+36 N)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
5.00 - 5.05 |
12.06 - 12.13 |
|
WESTERN |
5.01 - 5.08 |
12.05 - 12.26 |
|
N. CENT. |
4.97 - 5.14 |
12.09 - 12.15 |
|
S. CENTRAL |
5.00 - 5.16 |
12.16 - 12.30 |
|
WABASH |
5.09 - 5.16 |
12.18 - 12.27 |
6.73 - 6.84 |
W.S. WEST |
5.01 - 5.15 |
12.21 - 12.36 |
6.88 - 7.01 |
L. EGYPT |
5.12 - 5.20 |
12.18 - 12.31 |
6.83 - 6.91 |
***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] |