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Illinois country grain prices were
mixed on Tuesday afternoon.
With little new information the
grain prices ended mixed.
Many traders are waiting to even
positions ahead of Thursday's USDA Crop report, so trading
activity was light.
The USDA did announce on Tuesday
the sale of 121,000 tonnes of new crop US soybeans to an unknown
destination.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were down 5 to 10 cents at 4.54-4.99.
Soybean bids were 11 to 25 cents
lower at 13.60-14.35.
In Central Illinois country grain dealers quoted shelled corn
bids were up 2 to 5 cents at 4.84-5.25.
Soybean bids were mostly 2 to 5
cents lower
at 14.25-14.77.
In the Southern part of the state, shelled corn bids were up 5
to 6 cents at 4.79-5.14.
Soybean bids were down 10 to 13
cents at 14.02-14.25.
[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 |
4.86 - 4.99 |
13.60 - 13.72 |
|
WESTERN |
4.54 - 4.67 |
14.15 - 14.35 |
|
N. CENT. |
5.04 - 5.25 |
14.25 - 14.50 |
|
S. CENTRAL |
4.84 - 4.90 |
14.58 - 14.77 |
|
WABASH |
5.04 - 5.14 |
14.15 - 14.25 |
6.04 - 6.15 |
W.S. WEST |
4.86 - 4.95 |
14.02 - 14.15 |
5.94 - 6.15 |
L. EGYPT |
4.79 - 4.99 |
14.15 - 14.25 |
6.01 - 6.07 |
Central Illinois average price
Corn: 5.04 1/2 (+ 35
1/2Z)
Soybeans:
14.51 (+ 96 X)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
4.43 - 4.54 |
13.20 - 13.34 |
|
WESTERN |
4.36 - 4.46 |
13.17 - 13.30 |
|
N. CENT. |
4.43 - 4.50 |
13.29 - 13.50 |
|
S. CENTRAL |
4.42 - 4.55 |
13.31 - 13.43 |
|
WABASH |
4.40 - 4.54 |
13.35 - 13.40 |
|
W.S. WEST |
4.34 - 4.52 |
13.46 - 13.61 |
|
L. EGYPT |
4.43 - 4.49 |
13.30 - 13.40 |
|
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
Week of |
9/5/2013 |
8/29/2013 |
|
Price--Basis |
Price--Basis |
Corn |
5.46
+85Z |
5.98
1/2 +100U |
Soybeans |
14.96 +129X |
14.96 +128X |
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] |