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Illinois country grain prices were
lower on Wednesday afternoon, with soybean futures sharply
lower.
Technical trading at the Board of
Trade helped to push grain futures lower.
Sharply lower soybean meal values
also weakened prices.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were down 3 to 6 cents at 6.69-6.85.
Soybean bids were 30 to 38 cents
lower at 14.19-14.37.
In Central Illinois country grain dealers quoted shelled corn
bids were steady to 3 cents lower at 6.65-6.82.
Soybean bids 27 to 31 cents lower
at
14.43-14.62.
In the Southern part of the state, shelled corn bids were mixed
at 6.59-6.87.
Soybean bids were 35 to 40 cents
lower at 14.44-14.58.
Wheat bids were 11 to 15 cents
lower at 7.00-7.16.
[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 |
6.72 - 6.85 |
14.19 - 14.29 |
|
|
WESTERN |
6.69 - 6.83 |
14.26 - 14.37 |
|
|
N. CENT. |
6.73 - 6.82 |
14.43 - 14.62 |
|
|
S. CENTRAL |
6.65 - 6.76 |
14.43 - 14.58 |
|
|
WABASH |
6.77 - 6.87 |
14.47 - 14.58 |
7.00 - 7.08 |
|
W.S. WEST |
6.59 - 6.76 |
14.44 - 14.54 |
7.12 - 7.16 |
|
L. EGYPT |
6.82 - 6.87 |
14.48 - 14.58 |
7.06 - 7.16 |
Central Illinois average price
Corn: 6.73 1/2 (+27 N)
Soybeans:
14.52 1/2 (+79 1/2 N)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
5.17 - 5.29 |
11.71 - 11.78 |
|
|
WESTERN |
5.13 - 5.24 |
11.71 - 11.77 |
|
|
N. CENT. |
5.12 - 5.30 |
11.78 - 11.97 |
|
|
S. CENTRAL |
5.14 - 5.33 |
11.82 - 11.91 |
|
|
WABASH |
5.23 - 5.33 |
11.79 - 11.97 |
6.91 - 7.01 |
|
W.S. WEST |
5.19 - 5.29 |
11.86 - 12.00 |
7.01 - 7.15 |
|
L. EGYPT |
5.28 - 5.35 |
11.79 - 11.97 |
6.92 - 7.06 |
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
4/25/2013 |
4/18/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
6.49 1/2 +4K |
6.50 1/2 +6K |
|
Soybeans |
14.49 1/2 +26K |
14.49 1/2 +26K |
Annual Comparison
|
|
March 2013 |
April 2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
7.33
+16 1/2K |
6.34 - 1/2K |
|
Soybeans |
14.62 +17K |
14.23 -17 1/2K |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
