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Illinois country grain prices were
mixed on Wednesday afternoon.
Concerns with crop conditions for
the growing wheat crop supported the stronger wheat values.
Corn prices were supported by
evening positions after the sharp sell offs.
Selling pressure and new crop
harvest in Brazil pushed soybeans lower.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were mostly 1 to 2 cents higher at 6.39-6.58.
Soybean bids were mostly 8 to 12
cents lower at 13.80-13.95.
In Central Illinois country grain dealers quoted shelled corn
bids were mostly 1 to 2 cents higher at 6.51-6.62.
Soybean bids were 8 to 14 cents
lower at 13.90-14.10.
In the Southern part of the state, shelled corn bids were mixed
at 6.28-6.72.
Soybean bids were 12 to 16 cents
lower at 13.94-14.10.
Wheat bids were 20 to 26
cents higher at 6.85-7.05.
[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 |
6.41 - 6.58 |
13.80 - 13.95 |
|
|
WESTERN |
6.39 - 6.50 |
13.80 - 13.89 |
|
|
N. CENT. |
6.51 - 6.59 |
13.92 - 14.10 |
|
|
S. CENTRAL |
6.53 - 6.62 |
13.90 - 14.00 |
|
|
WABASH |
6.55 - 6.67 |
14.00 - 14.10 |
6.85 - 6.97 |
|
W.S. WEST |
6.28 - 6.47 |
13.94 - 14.10 |
6.87 - 6.97 |
|
L. EGYPT |
6.62 - 6.72 |
13.95 - 14.10 |
7.02 - 7.05 |
Central Illinois average price
Corn: 6.56 1/2 (+15 K)
Soybeans:
14.00 (+20 K)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.04 - 5.19 |
11.92 - 12.03 |
|
|
WESTERN |
5.02 - 5.13 |
11.93 - 12.18 |
|
|
N. CENT. |
5.04 - 5.16 |
11.94 - 12.13 |
|
|
S. CENTRAL |
5.10 - 5.22 |
12.03 - 12.17 |
|
|
WABASH |
5.12 - 5.24 |
12.03 - 12.09 |
6.71 - 6.81 |
|
W.S. WEST |
5.08 - 5.20 |
12.15 - 12.25 |
6.82 - 6.95 |
|
L. EGYPT |
5.15 - 5.25 |
12.00 - 12.16 |
6.80 - 6.84 |
***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] |
