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Illinois country grain prices were mostly lower on Thursday
afternoon.
Scattered showers in some parts of the cornbelt weakened corn
and soybean futures.
In the cash markets, the cash corn basis continued to move
higher at some corn processors, with basis up 15 to 19 cents at
many locations.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were down 15 to 20 cents at 5.91-6.20.
Soybean bids were 18 to 21 cents lower at 13.66-13.92.
In Central Illinois country grain dealers quoted shelled corn
bids were mixed at 6.07-6.38.
Soybean bids were 16 to 22 cents lower at 14.00-14.25.
In the Southern part of the state, shelled corn bids were 12 to
22 cents lower at 5.56-5.93. Soybean bids were 15 to 20 cents
lower at 13.60-13.87.
Wheat bids were down 8 to 10 cents at 5.96-6.16.
[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 |
6.07 - 6.20 |
13.66 - 13.79 |
|
|
WESTERN |
5.91 - 6.11 |
13.67 - 13.92 |
|
|
N. CENT. |
6.07 - 6.24 |
14.00 - 14.22 |
|
|
S. CENTRAL |
6.22 - 6.38 |
14.15 - 14.25 |
|
|
WABASH |
5.88 - 5.93 |
13.60 - 13.67 |
6.00 - 6.16 |
|
W.S. WEST |
5.64 - 5.93 |
13.76 - 13.87 |
6.04 - 6.15 |
|
L. EGYPT |
5.56 - 5.73 |
13.67 - 13.77 |
5.96 - 6.06 |
Central Illinois average price
Corn: 6.22 1/2 (+135 U)
Soybeans:
14.12 1/2 (+126 X)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
4.39 - 4.53 |
12.51 - 12.67 |
|
|
WESTERN |
4.35 - 4.44 |
12.49 - 12.77 |
|
|
N. CENT. |
4.39 - 4.51 |
12.62 - 12.77 |
|
|
S. CENTRAL |
4.39 - 4.51 |
12.63 - 12.76 |
|
|
WABASH |
4.40 - 4.50 |
12.67 - 12.77 |
|
|
W.S. WEST |
4.37 - 4.53 |
12.69 - 12.85 |
|
|
L. EGYPT |
4.39 - 4.42 |
12.65 - 12.74 |
|
***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] |
