|
 (Copy)
Illinois country grain prices were
lower on Wednesday afternoon.
Technical selling and profit
taking by traders weighed on grain prices.
An improved chance of rain for the
South American soybean crop helped to push soybean values lower.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 8 cents lower at 7.04-7.27.
Soybean bids were 14 to 15 cents
lower at 14.26-14.46.
In Central Illinois country grain dealers quoted shelled corn
bids were 7 to 8 cents lower at 7.14-7.32.
Soybean bids were 12 to 16 cents
lower
at 14.42-14.53.
In the Southern part of the state, shelled corn bids were 4 to 7
cents lower at 7.09-7.46.
Soybean bids were 15 cents lower
at 14.57-14.72.
Wheat bids were 2 to 4 cents lower
at 7.66-7.85.
[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 |
7.12 - 7.27 |
14.30 - 14.43 |
|
|
WESTERN |
7.04 - 7.13 |
14.26 - 14.46 |
|
|
N. CENT. |
7.14 - 7.27 |
14.42 - 14.53 |
|
|
S. CENTRAL |
7.19 - 7.32 |
14.43 - 14.52 |
|
|
WABASH |
7.27 - 7.38 |
14.57 - 14.67 |
7.70 - 7.80 |
|
W.S. WEST |
7.09 - 7.27 |
14.58 - 14.71 |
7.66 - 7.77 |
|
L. EGYPT |
7.33 - 7.46 |
14.59 - 14.72 |
7.67 - 7.85 |
Central Illinois average price
Corn: 7.23 (+ 2 H)
Soybeans:
14.47 1/2 (+10 1/2 H)
CONTRACT BIDS FOR JANUARY 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.48 - 5.62 |
12.59 - 12.69 |
|
|
WESTERN |
5.45 - 5.50 |
12.50 - 12.65 |
|
|
N. CENT. |
5.52 - 5.65 |
12.64 - 12.74 |
|
|
S. CENTRAL |
5.52 - 5.68 |
12.70 - 12.80 |
|
|
WABASH |
5.55 - 5.70 |
12.67 - 12.75 |
7.57 - 7.71 |
|
W.S. WEST |
5.45 - 5.60 |
12.69 - 12.79 |
7.47 - 7.59 |
|
L. EGYPT |
5.65 - 5.74 |
12.75 - 12.85 |
7.47 - 7.57 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
1/10/2013 |
1/3/2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.27 + 2 1/2H |
6.99
option H |
|
Soybeans |
14.42 +12H |
13.93 +13 H |
Annual Comparison
|
|
December 2012 |
January 2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.23 option H |
6.25 -6H |
|
Soybeans |
14.50 -8F |
11.82 -221/2 H |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
