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Illinois country grain prices were
higher on Wednesday afternoon.
Soybeans found support from export
sales to Russia.
With ethanol production higher,
corn advanced.
Wheat is finding some strength in
the worry over wheat yields overseas.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 4 to 9 cents higher at 4.18-4.28.
Soybean bids were 9 to 27 cents
higher at 12.77-13.09.
In Central Illinois country grain dealers quoted shelled corn
bids were 7 to 16 cents higher at 4.19-4.38.
Soybean bids were 10 to 12 cents
higher at 12.86-13.02.
In the Southern part of the state, shelled corn bids were 4 to 9
cents higher at 4.08-4.30.
Soybean bids were mostly 8 cents
higher at 12.82-13.11.
Wheat bids were 1 cent higher at
6.59-6.90.
[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 |
4.15 - 4.28 |
12.77 - 12.83 |
|
WESTERN |
4.18 - 4.23 |
12.82 - 13.09 |
|
N. CENT. |
4.19 - 4.26 |
12.86 - 13.02 |
|
S. CENTRAL |
4.20 - 4.38 |
12.86 - 12.98 |
|
WABASH |
4.15 - 4.23 |
12.87 - 13.02 |
6.59 - 6.72 |
W.S. WEST |
4.15 - 4.30 |
12.99 - 13.11 |
6.79 - 6.90 |
L. EGYPT |
4.08 - 4.12 |
12.82 - 13.00 |
6.70 - 6.81 |
Central Illinois average price
Corn: 4.28 1/2 (-14 Z)
Soybeans:
12.94 (-16 X)
CONTRACT BIDS FOR JANUARY 2014 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
4.19 - 4.38 |
12.82 - 12.96 |
|
WESTERN |
4.24 - 4.37 |
12.76 - 13.03 |
|
N. CENT. |
4.25 - 4.39 |
12.90 - 13.17 |
|
S. CENTRAL |
4.31 - 4.40 |
12.89 - 13.15 |
|
WABASH |
4.32 - 4.39 |
12.98 - 13.09 |
|
W.S. WEST |
4.37 - 4.45 |
13.14 - 13.31 |
|
L. EGYPT |
4.24 - 4.37 |
13.04 - 13.24 |
|
Cent. Ill. Average Price at Country
Elevators
Week of |
9/19/2013 |
9/12/2013 |
|
Price--Basis |
Price--Basis |
Corn |
4.50
-9 1/2Z |
4.94
1/2 +28Z |
Soybeans |
13.56 1/2 +17X |
14.83 +87X 1 |
Annual Comparison
|
August 2013 |
September 2012 |
|
Price--Basis |
Price--Basis |
Corn |
5.98
1/2 +115U |
7.69
1/2 +6Z |
Soybeans |
14.00 +135 1/2X |
16.71 -4 1/2 X |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |