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Illinois country grain prices were
higher on Monday afternoon, with corn and soybean values sharply
higher.
A drier than expected extended
weather forecast fueled today's rally in corn and soybean
futures.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were mostly 16 to 25 cents higher at
6.04-6.16.
Soybean bids were mostly 40 to 46
cents higher at 13.90-14.15.
In Central Illinois country grain dealers quoted shelled corn
bids were 20 to 22 cents higher at 6.13-6.28.
Soybean bids were 41 to 44 cents
higher at 14.27-14.53.
In the Southern part of the state, shelled corn bids were 19 to
20 cents higher at 5.84-6.09.
Soybean bids were 35 to 44 cents
higher at 13.75-14.33.
Wheat bids were 10 to 11 cents
higher at 6.07-6.27.
[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 |
6.04 - 6.13 |
14.00 - 14.04 |
|
|
WESTERN |
6.07 - 6.16 |
13.90 - 14.15 |
|
|
N. CENT. |
6.13 - 6.18 |
14.27 - 14.53 |
|
|
S. CENTRAL |
6.13 - 6.28 |
14.32 - 14.43 |
|
|
WABASH |
5.98 - 6.03 |
14.22 - 14.33 |
6.17 - 6.27 |
|
W.S. WEST |
5.84 - 6.09 |
13.75 - 13.86 |
6.11 - 6.25 |
|
L. EGYPT |
5.63 - 5.68 |
14.20 - 14.23 |
6.07 - 6.17 |
Central Illinois average price
Corn: 6.20 1/2 (+127 U)
Soybeans:
14.40 (+137 X)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
4.58 - 4.70 |
12.73 - 12.86 |
|
|
WESTERN |
4.56 - 4.65 |
12.73 - 12.78 |
|
|
N. CENT. |
4.60 - 4.64 |
12.78 - 12.93 |
|
|
S. CENTRAL |
4.59 - 4.71 |
12.79 - 12.93 |
|
|
WABASH |
4.58 - 4.67 |
12.83 - 12.93 |
|
|
W.S. WEST |
4.50 - 4.66 |
12.95 - 13.12 |
|
|
L. EGYPT |
4.60 - 4.63 |
12.83 - 12.93 |
|
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
8/15/2013 |
8/8/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
6.03
1/2 +122U |
5.85 1/2 +112U |
|
Soybeans |
14.09 1/2 +144X |
13.32 +146X |
Annual Comparison
|
|
July
2013 |
August 2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
6.60
1/2 +132U |
8.15 +11 1/2U |
|
Soybeans |
15.19 +85 1/2Q |
17.09 +44 1/2X |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield]
 |
