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Illinois country grain prices were
higher on Thursday afternoon.
Basis levels continued to move
lower as harvest expands very slowly across the state.
Export sales for soybeans were
strong at 2.8 million tons while corn sales were 640,000 tons.
Traders are looking toward
Monday's grain
stocks report.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were mostly 1 to 3 cents higher at 4.28-4.52.
Soybean bids were down 5 to 12
cents at 12.88-13.08.
In Central Illinois country grain dealers quoted shelled corn
bids were mixed at 4.30-4.44.
Soybean bids were 5 to 15 cents
lower at 12.91-13.12.
In the Southern part of the state, shelled corn bids were mixed
at 4.27-4.42.
Soybean bids were 5 to 10 cents
lower at 12.90-13.17.
Wheat bids were 8 to 10 cents
higher at 6.26-6.46.
[to top of second
column] |
Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. XXX are listed below in dollars per bushel:
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
NORTHERN |
4.36 - 4.52 |
12.88 - 12.99 |
|
WESTERN |
4.28 - 4.37 |
12.91 - 13.08 |
|
N. CENT. |
4.31 - 4.44 |
12.91 - 13.12 |
|
S. CENTRAL |
4.30 - 4.42 |
12.98 - 13.12 |
|
WABASH |
4.27 - 4.42 |
12.90 - 13.07 |
6.32 - 6.38 |
W.S. WEST |
4.33 - 4.42 |
13.09 - 13.17 |
6.39 - 6.46 |
L. EGYPT |
4.27 - 4.32 |
12.90 - 12.97 |
6.26 - 6.35 |
Central Illinois average price
Corn: 4.37 (-19 1/2 Z)
Soybeans:
13.01 1/2 (-15 X)
CONTRACT BIDS FOR JANUARY 2014 DELIVERY
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
NORTHERN |
4.37 - 4.58 |
12.87 - 13.02 |
|
WESTERN |
4.30 - 4.40 |
13.03 - 13.09 |
|
N. CENT. |
4.42 - 4.54 |
12.95 - 13.14 |
|
S. CENTRAL |
4.40 - 4.56 |
13.14 - 13.24 |
|
WABASH |
4.46 - 4.57 |
13.04 - 13.23 |
|
W.S. WEST |
4.47 - 4.61 |
13.26 - 13.37 |
|
L. EGYPT |
4.50 - 4.52 |
13.07 - 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] |