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 (Copy)
Illinois country grain prices were
lower on Thursday afternoon, with corn futures moderately to
sharply lower.
Speculative selling and slow
export demand weakened corn futures.
Many traders were waiting for the
latest Supply and Demand report to be released on Friday.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were mostly 10 to 12 cents lower at 6.98-7.08.
Soybean bids were mixed at
14.73-14.86.
In Central Illinois country grain dealers quoted shelled corn
bids were 11 to 12 cents lower at 7.12-7.29.
Soybean bids were steady to 1 cent
lower at 14.87-15.02.
In the Southern part of the state, shelled corn bids were 11 to
12 cents lower at 7.06-7.36.
Soybean bids were 1 to 5 cents
lower at 14.91-15.13.
Wheat bids were 2 to 4 cents lower
at 7.51-7.77.
[to top of second column] |
Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Thursday are listed below in dollars per bushel:
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
|
NORTHERN |
6.98 - 7.06 |
14.73 - 14.79 |
|
|
WESTERN |
7.03 - 7.08 |
14.76 - 14.86 |
|
|
N. CENT. |
7.12 - 7.20 |
14.87 - 15.01 |
|
|
S. CENTRAL |
7.16 - 7.29 |
14.93 - 15.02 |
|
|
WABASH |
7.18 - 7.28 |
14.99 - 15.07 |
7.51 - 7.64 |
|
W.S. WEST |
7.06 - 7.19 |
14.91 - 15.04 |
7.62 - 7.77 |
|
L. EGYPT |
7.26 - 7.36 |
15.06 - 15.13 |
7.61 - 7.71 |
Central Illinois average price
Corn: 7.20 1/2 (+10 H)
Soybeans:
14.94 1/2 (+ 8 H)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.25 - 5.39 |
12.82 - 12.92 |
|
|
WESTERN |
5.26 - 5.39 |
12.75 - 12.92 |
|
|
N. CENT. |
5.27 - 5.42 |
12.83 - 12.94 |
|
|
S. CENTRAL |
5.31 - 5.47 |
12.93 - 13.01 |
|
|
WABASH |
5.40 - 5.57 |
12.90 - 13.04 |
7.32 - 7.35 |
|
W.S. WEST |
5.25 - 5.40 |
13.00 - 13.09 |
7.30 - 7.33 |
|
L. EGYPT |
5.42 - 5.52 |
12.85 - 12.99 |
7.32 - 7.41 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
1/31/2013 |
1/24/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.48 + 7 1/2 H |
7.28 + 4H |
|
Soybeans |
14.82 +13 1/2 H |
14.45 1/2 +10H |
Annual Comparison
|
|
January 2013 |
February 2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.17 + 2H |
6.41 + 1/2H |
|
Soybeans |
14.30 +11H
|
12.40 -15 H |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield]
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