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Illinois country grain prices were
mixed on Wednesday afternoon, with wheat higher and corn and
soybeans lower.
Wheat futures drew strength from
technical buying at the Board of Trade.
Soybean futures fell as demand
weakened for both
soybeans and soybean meal.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were mostly 3 to 6 cents lower at 7.20-7.42.
Soybean bids were 20 to 21 cents
lower at 14.38-14.55.
In Central Illinois country grain dealers quoted shelled corn
bids were 4 to 5 cents lower at 7.22-7.35.
Soybean bids were mostly 21 to 24
cents lower at 14.59-14.68.
In the Southern part of the state, shelled corn bids were 3 to 4
cents lower at 7.08-7.45.
Soybean bids were 22 to cents
lower at 14.60-14.85.
Wheat bids were 6 to 10 cents
higher at 7.02-7.25.
[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 |
7.29 - 7.42 |
14.38 - 14.47 |
|
|
WESTERN |
7.20 - 7.25 |
14.42 - 14.55 |
|
|
N. CENT. |
7.24 - 7.34 |
14.59 - 14.68 |
|
|
S. CENTRAL |
7.22 - 7.35 |
14.59 - 14.68 |
|
|
WABASH |
7.30 - 7.45 |
14.70 - 14.77 |
7.02 - 7.20 |
|
W.S. WEST |
7.08 - 7.29 |
14.60 - 14.70 |
7.06 - 7.21 |
|
L. EGYPT |
7.38 - 7.45 |
14.77 - 14.85 |
7.15 - 7.25 |
Central Illinois average price
Corn: 7.28 1/2 (+18 K)
Soybeans:
14.63 1/2 (+16 1/2K)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.15 - 5.31 |
12.22 - 12.31 |
|
|
WESTERN |
5.17 - 5.32 |
12.23 - 12.32 |
|
|
N. CENT. |
5.20 - 5.30 |
12.27 - 12.33 |
|
|
S. CENTRAL |
5.21 - 5.38 |
12.28 - 12.39 |
|
|
WABASH |
5.27 - 5.40 |
12.33 - 12.40 |
6.78 - 6.88 |
|
W.S. WEST |
5.20 - 5.36 |
12.34 - 12.49 |
6.78 - 6.92 |
|
L. EGYPT |
5.36 - 5.40 |
12.33 - 12.43 |
6.76 - 6.88 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
3/7/2013
|
2/28/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.10 +19K |
7.21 1/2 +2H |
|
Soybeans |
14.90 1/2 +17K |
14.71 1/2 -3H |
Annual Comparison
|
|
February 2013 |
March 2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.15
+7 1/2H |
6.46 - 1 1/2K |
|
Soybeans |
14.67 +11H |
13.33 -19 1/2K |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
