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Illinois country grain prices were mixed on Wednesday afternoon.
The lower US stock market, weak energy markets, and a slow down
in world growth estimates combined with weather concern to keep
grain markets in a mixed trading pattern.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were mostly 2 to 3 cents lower at 6.59-6.70.
Soybean bids were 7 to 13 cents higher at 14.24-14.46.
In Central Illinois country grain dealers quoted shelled corn
bids were 1 to 3 cents lower at 6.62-6.75.
Soybean bids were 7 to 13 cents higher at 14.39-14.57.
In the Southern part of the state, shelled corn bids were mostly
2 to 5 cents lower at 6.47-6.86.
Soybean bids were mostly 10 to 15 cents higher
at 14.42-14.55.
Wheat bids were mixed at 6.95-7.12.
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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 |
6.60 - 6.70 |
14.24 - 14.40 |
|
|
WESTERN |
6.59 - 6.68 |
14.31 - 14.46 |
|
|
N. CENT. |
6.62 - 6.74 |
14.40 - 14.57 |
|
|
S. CENTRAL |
6.64 - 6.75 |
14.39 - 14.50 |
|
|
WABASH |
6.72 - 6.86 |
14.42 - 14.50 |
6.99 - 7.12 |
|
W.S. WEST |
6.47 - 6.66 |
14.47 - 14.55 |
6.95 - 7.11 |
|
L. EGYPT |
6.76 - 6.85 |
14.44 - 14.52 |
7.00 - 7.12 |
Central Illinois average price
Corn: 6.68 1/2 (+ 8 K)
Soybeans:
14.48 (+26 K)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.13 - 5.26 |
11.77 - 11.88 |
|
|
WESTERN |
5.10 - 5.21 |
11.80 - 11.86 |
|
|
N. CENT. |
5.13 - 5.27 |
11.85 - 12.06 |
|
|
S. CENTRAL |
5.20 - 5.28 |
11.95 - 12.03 |
|
|
WABASH |
5.19 - 5.29 |
11.88 - 11.95 |
6.84 - 6.93 |
|
W.S. WEST |
5.13 - 5.24 |
11.93 - 12.04 |
6.96 - 7.05 |
|
L. EGYPT |
5.24 - 5.32 |
11.85 - 12.01 |
6.87 - 6.98 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
4/11/2013 |
4/4/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
6.61 1/2 +10K |
6.45 1/2 +15 1/2K |
|
Soybeans |
14.25 1/2 +23 1/2K |
13.91 +19K |
Annual Comparison
|
|
March 2013 |
April 2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.33
+16 1/2K |
6.34 - 1/2K |
|
Soybeans |
14.62 +17K |
14.23 -17 1/2K |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
