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Illinois country grain prices were
mostly lower on Monday afternoon, with corn futures sharply
lower.
Corn futures fell weakened by
technical trading at the Board of Trade.
Soybeans ended higher supported by
the strength in the cash markets.
The Crop Condition report,
released by the National Ag Statistics Service, indicated
soybean planting had now reached 97% done.
The condition of the Illinois corn
crop improved to 69% in the good to excellent range, up 20% from
last week.
The state's soybean crop improved
to 72% good to excellent, up 3% from last week.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 15 to 25 cents lower at 6.42-6.52.
Soybean bids were 10 to 14 cents
lower at 15.45-15.59.
In Central Illinois country grain dealers quoted shelled corn
bids were 36 to 45 cents lower at 6.45-6.69.
Soybean bids were steady to 5
cents higher at 15.60-15.76
In the Southern part of the state, shelled corn bids were mostly
36 to 55 cents lower at 6.35-6.67.
Soybean bids were mostly 6 to 9
cents lower at 15.70-16.06. Wheat bids were mixed at 6.30-6.40.
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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 |
6.45 - 6.52 |
15.45 - 15.59 |
|
|
WESTERN |
6.42 - 6.47 |
15.51 - 15.56 |
|
|
N. CENT. |
6.45 - 6.56 |
15.61 - 15.74 |
|
|
S. CENTRAL |
6.55 - 6.69 |
15.60 - 15.76 |
|
|
WABASH |
6.51 - 6.60 |
15.85 - 15.96 |
6.30 - 6.32 |
|
W.S. WEST |
6.35 - 6.55 |
15.70 - 15.83 |
6.33 - 6.40 |
|
L. EGYPT |
6.59 - 6.67 |
15.96 - 16.06 |
6.30 - 6.31 |
Central Illinois average price
Corn: 6.57 (+125 1/2 U)
Soybeans:
15.68 (+132 Q)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
4.69 - 4.71 |
12.08 - 12.13 |
|
|
WESTERN |
4.67 - 4.72 |
12.11 - 12.18 |
|
|
N. CENT. |
4.70 - 4.81 |
12.15 - 12.31 |
|
|
S. CENTRAL |
4.76 - 4.86 |
12.23 - 12.33 |
|
|
WABASH |
4.75 - 4.83 |
12.18 - 12.33 |
|
|
W.S. WEST |
4.74 - 4.89 |
12.26 - 12.34 |
|
|
L. EGYPT |
4.78 - 4.87 |
12.21 - 12.33 |
|
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
6/27/2013 |
6/20/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.00 +33N |
7.09 +36N |
|
Soybeans |
15.64 1/2 +16N |
15.31 1/2 +34 1/2N |
Annual Comparison
|
|
May
2013 |
June
2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
6.83
+31N |
6.30 +27N |
|
Soybeans |
15.10 +72N |
14.15 - 7N |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
