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 (Copy)
Illinois country grain prices were
sharply lower on Monday afternoon.
Carryover speculation and fund
selling at the Board of Trade pushed corn futures lower.
Thoughts of a large corn crop for
2013 and a higher than expected corn stocks figure weakened corn
values.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 48 to 53 cents lower at 6.40-6.62.
Soybean bids were 6 to 14 cents
lower at 13.78-14.13.
In Central Illinois country grain dealers quoted shelled corn
bids were 51 to 53 cents lower at 6.52-6.62.
Soybean bids were 14 cents lower
at
13.98-14.14.
In the Southern part of the state, shelled corn bids were 51 to
53 cents lower at 6.09-6.75.
Soybean bids were 12 to 19 cents
lower at 14.06-14.28.
Wheat bids were mostly 25 cents
lower at 6.50-6.79.
[to top of second column] |
Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Monday are listed below in dollars per bushel:
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
|
NORTHERN |
6.45 - 6.62 |
13.82 - 14.00 |
|
|
WESTERN |
6.40 - 6.47 |
13.78 - 14.13 |
|
|
N. CENT. |
6.52 - 6.61 |
13.98 - 14.14 |
|
|
S. CENTRAL |
6.52 - 6.62 |
14.01 - 14.12 |
|
|
WABASH |
6.59 - 6.72 |
14.11 - 14.28 |
6.50 - 6.60 |
|
W.S. WEST |
6.09 - 6.22 |
14.08 - 14.20 |
6.51 - 6.64 |
|
L. EGYPT |
6.64 - 6.75 |
14.06 - 14.21 |
6.69 - 6.79 |
Central Illinois average price
Corn: 6.57 (+14 1/2 K)
Soybeans:
14.06 (+15 K)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.00 - 5.15 |
12.11 - 12.28 |
|
|
WESTERN |
4.98 - 5.09 |
12.13 - 12.21 |
|
|
N. CENT. |
5.00 - 5.15 |
12.14 - 12.22 |
|
|
S. CENTRAL |
5.06 - 5.18 |
12.23 - 12.35 |
|
|
WABASH |
5.10 - 5.21 |
12.23 - 12.30 |
6.40 - 6.49 |
|
W.S. WEST |
5.05 - 5.16 |
12.34 - 12.46 |
6.60 - 6.63 |
|
L. EGYPT |
5.11 - 5.21 |
12.20 - 12.36 |
6.37 - 6.52 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
3/21/2013 |
3/14/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.50 +17K |
7.34 1/2 +18K |
|
Soybeans |
14.65 1/2 +16 1/2K
|
14.54 +18 1/2K |
Annual Comparison
|
|
February 2013 |
March 2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.15
+7 1/2H |
6.46 - 1 1/2K |
|
Soybeans |
14.67 +11H |
13.33 -19 1/2K |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
