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Illinois country grain prices were
mixed on Monday afternoon.
Corn prices continued lower during
the day and closed at the lowest spot close in 3 years following
the EPA proposal to cut the corn-based ethanol mandate.
Soybeans were higher following the
USDA report that showed 88 million bushels of soybeans inspected
for export last week.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 8 to 10 cents lower at 3.85-4.09.
Soybean bids were 6 cents higher
at 12.55-12.81.
In Central Illinois country grain dealers quoted shelled corn
bids were 10 cents lower at 3.90-4.07.
Soybean bids were 6 to 7 cents
higher at 12.71-12.87.
In the Southern part of the state, shelled corn bids were 10
cents lower at 3.82-4.07.
Soybean bids were 5 to 13 cents
higher at 12.53-12.76.
Wheat bids were steady to 3 cents
lower at 6.00-6.30.
[to top of second
column] |
Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Monday are listed below in dollars per bushel:
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
|
NORTHERN |
3.85 - 4.09 |
12.55 - 12.71 |
|
|
WESTERN |
4.01 - 4.07 |
12.70 - 12.81 |
|
|
N. CENT. |
3.90 - 3.99 |
12.71 - 12.87 |
|
|
S. CENTRAL |
3.95 - 4.07 |
12.72 - 12.87 |
|
|
WABASH |
3.97 - 4.07 |
12.57 - 12.76 |
6.00 - 6.30 |
|
W.S. WEST |
3.94 - 4.06 |
12.66 - 12.75 |
6.24 - 6.29 |
|
L. EGYPT |
3.82 - 4.01 |
12.53 - 12.58 |
6.18 - 6.22 |
Central Illinois average price
Corn: 3.98 1/2 (-13 1/2
Z)
Soybeans:
12.79 (- 8 1/2 X)
CONTRACT BIDS FOR JANUARY 2014 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
3.87 - 4.09 |
12.62 - 12.74 |
|
|
WESTERN |
3.93 - 4.07 |
12.76 - 12.85 |
|
|
N. CENT. |
3.94 - 4.09 |
12.77 - 12.92 |
|
|
S. CENTRAL |
3.97 - 4.09 |
12.72 - 12.92 |
|
|
WABASH |
4.06 - 4.16 |
12.88 - 13.03 |
|
|
W.S. WEST |
4.13 - 4.17 |
12.95 - 13.07 |
|
|
L. EGYPT |
4.03 - 4.10 |
12.88 - 12.98 |
|
Cent. Ill. Average Price at Country
Elevators
|
Week of |
9/19/2013 |
9/12/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
4.50
-9 1/2Z |
4.94
1/2 +28Z |
|
Soybeans |
13.56 1/2 +17X |
14.83 +87X 1 |
Annual Comparison
|
|
August 2013 |
September 2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
5.98
1/2 +115U |
7.69
1/2 +6Z |
|
Soybeans |
14.00 +135 1/2X |
16.71 -4 1/2 X |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
