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 (Copy)
Illinois country grain prices were
mixed on Wednesday afternoon, with corn and
soybean values lower and wheat higher.
Wheat futures were supported by
technical
buying at the Board of Trade.
News that the Chinese cancelled
147,000 tonnes of old crop soybeans helped to push soybean
futures lower.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 1 cent lower at 6.93-7.06.
Soybean bids were at 9 to 12 cents
lower at 14.94-15.12.
In Central Illinois country grain dealers quoted shelled corn
bids were mostly 1
to 3 cents lower at 6.91-7.07.
Soybean bids were mostly steady to
5 cents lower at 15.32-15.49.
In the Southern part of the state, shelled corn bids were steady
to 2 cents lower at 6.82-7.13.
Soybean bids were mostly 5 to 7
cents lower at 15.19-15.57.
Wheat bids were 3 to 8 cents
higher at 6.78-7.15.
[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 |
6.95 - 7.06 |
14.94 - 15.02 |
|
|
WESTERN |
6.93 - 7.04 |
15.04 - 15.12 |
|
|
N. CENT. |
6.93 - 7.02 |
15.32 - 15.40 |
|
|
S. CENTRAL |
6.91 - 7.07 |
15.37 - 15.49 |
|
|
WABASH |
6.93 - 7.06 |
15.42 - 15.52 |
6.78 - 6.88 |
|
W.S. WEST |
6.82 - 7.04 |
15.19 - 15.30 |
6.96 - 7.15
|
|
L. EGYPT |
7.05 - 7.13 |
15.47 - 15.57 |
6.88 - 6.93 |
Central Illinois average price
Corn: 6.99
(+34 N)
Soybeans:
15.40 1/2 (+38 N)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.34 - 5.47 |
12.51 - 12.59 |
|
|
WESTERN |
5.32 - 5.43 |
12.51 - 12.63 |
|
|
N. CENT. |
5.35 - 5.43 |
12.56 - 12.77 |
|
|
S. CENTRAL |
5.31 - 5.52 |
12.68 - 12.76 |
|
|
WABASH |
5.38 - 5.48 |
12.60 - 12.69 |
6.78 - 6.85 |
|
W.S. WEST |
5.32 - 5.48 |
12.67 - 12.84 |
6.89 - 7.06 |
|
L. EGYPT |
5.43 - 5.51 |
12.59 - 12.77 |
6.83 - 6.95 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
5/23/2013 |
5/16/2013
|
| |
Price--Basis |
Price--Basis |
|
Corn |
6.951/2 +331/2 N |
6.73 +311/2 N |
|
Soybeans |
15.351/2 +36N |
15.22 +941/2 N 1 |
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] |
