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Illinois country grain prices were
higher on Tuesday afternoon.
Good domestic demand continues to
support stronger corn and soybean values.
A warmer and drier weather pattern
also helped to lift prices.
Traders are also looking forward
to Thursday's new Supply Demand forecast from the USDA.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were mostly 15 to 19 cents higher at
6.77-7.00.
Soybean bids were mostly 12 to 15
cents higher at 15.81-16.12.
In Central Illinois country grain dealers quoted shelled corn
bids were 7 to 12 cents higher at 6.76-7.10.
Soybean bids were mostly 9 to 13
cents higher at 15.99-16.21.
In the Southern part of the state, shelled corn bids were 19 to
20 cents higher at 6.70-6.87.
Soybean bids were mostly 7 to 12
cents higher at 16.05-16.38.
Wheat bids were mostly 15 to 16
cents higher at 6.53-6.63.
[to top of second
column] |
Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Tuesday are listed below in dollars per bushel:
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
|
NORTHERN |
6.77 - 6.91 |
15.81 - 16.00 |
|
|
WESTERN |
6.85 - 7.00 |
15.97 - 16.12 |
|
|
N. CENT. |
6.76 - 7.10 |
15.99 - 16.14 |
|
|
S. CENTRAL |
6.94 - 7.07 |
16.08 - 16.21 |
|
|
WABASH |
6.70 - 6.79 |
16.13 - 16.18 |
6.53 - 6.63 |
|
W.S. WEST |
6.70 - 6.81 |
16.05 - 16.15 |
6.60 - 6.62 |
|
L. EGYPT |
6.79 - 6.87 |
16.23 - 16.38 |
6.61 - 6.63 |
Central Illinois average price
Corn: 6.93 (+141 U)
Soybeans:
16.10 (+142 Q)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
4.90 - 5.07 |
12.36 - 12.46 |
|
|
WESTERN |
4.88 - 4.99 |
12.38 - 12.51 |
|
|
N. CENT. |
4.90 - 5.00 |
12.40 - 12.60 |
|
|
S. CENTRAL |
4.96 - 5.09 |
12.58 - 12.63 |
|
|
WABASH |
4.96 - 5.04 |
12.51 - 12.66 |
|
|
W.S. WEST |
4.99 - 5.12 |
12.62 - 12.71 |
|
|
L. EGYPT |
4.99 - 5.08 |
12.56 - 12.66 |
|
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
7/3/2013 |
6/27/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
6.761/2 +144U |
7.00 +33N |
|
Soybeans |
15.80 +139Q |
15.641/2+16N |
Annual Comparison
|
|
June
2013 |
July
2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
6.94
+32N |
7.85
+251/2 U |
|
Soybeans |
15.49 +24 1/2 N |
16.60 -23Q |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
