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Illinois country grain prices were
mixed on Thursday afternoon, with corn and soybeans higher and
wheat lower.
Many traders evened positions and
prepared for Friday's release of the USDA's crop reports.
Friday morning at 11:00am the USDA
will release their Quarterly Grain Stocks and Planted
Acreage reports.
Wheat futures ended lower despite
higher than expected weekly export sales figures.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 5 to 8 cents lower at 6.82-6.92.
Soybean bids were 10 to 15 cents
higher at 15.47-15.63.
In Central Illinois country grain dealers quoted shelled corn
bids were steady to 1 cent lower at 6.93-7.07.
Soybean bids were 7 cents higher
at 15.56-15.73.
In the Southern part of the state, shelled corn bids were mixed
at 6.76-7.22.
Soybean bids were 15 cents higher
at 15.84-15.97.
Wheat bids were mixed at
6.44-6.54.
[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 |
6.82 - 6.89 |
15.47 - 15.56 |
|
|
WESTERN |
6.82 - 6.92 |
15.50 - 15.63 |
|
|
N. CENT. |
6.93 - 6.99 |
15.61 - 15.69 |
|
|
S. CENTRAL |
6.99 - 7.07 |
15.56 - 15.73 |
|
|
WABASH |
7.07 - 7.22 |
15.84 - 15.94 |
6.44 - 6.52 |
|
W.S. WEST |
6.76 - 7.15 |
15.86 - 15.92 |
6.51 - 6.54 |
|
L. EGYPT |
7.10 - 7.22 |
15.89 - 15.97 |
6.44 - 6.52 |
Central Illinois average price
Corn: 7.00 (+33 N)
Soybeans:
15.64 1/2 (+16 N)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.06 - 5.22 |
12.35 - 12.45 |
|
|
WESTERN |
5.04 - 5.10 |
12.41 - 12.50 |
|
|
N. CENT. |
5.07 - 5.18 |
12.45 - 12.63 |
|
|
S. CENTRAL |
5.19 - 5.24 |
12.55 - 12.65 |
|
|
WABASH |
5.11 - 5.20 |
12.50 - 12.65 |
|
|
W.S. WEST |
5.14 - 5.26 |
12.62 - 12.70 |
|
|
L. EGYPT |
5.16 - 5.24 |
12.50 - 12.65 |
|
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
6/20/2013 |
6/13/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.09 +36N |
6.74 1/2 +31N |
|
Soybeans |
15.31 1/2 +34 1/2N |
15.32 1/2 +22N 1 |
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] |
