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Illinois country grain prices were
mixed on Thursday afternoon, with soybean futures higher and
corn and wheat futures lower.
Technical buying at the Board of
Trade, stronger soybean meal values and a firm cash soybean
market strengthened soybean prices.
In the cash markets, the cash corn
basis ended sharply lower at many Illinois Corn Processors, with
losses of 20 to 30 cents noted.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were mostly 29 to 34 cents lower at 5.11-5.41.
Soybean bids were up 5 to 15 cents
at 14.35-14.57.
In Central Illinois country grain dealers quoted shelled corn
bids were 18 to 24 cents lower at 5.26-5.66.
Soybean bids were 10 to 12 cents
higher at 14.86-15.07.
In the Southern part of the state, shelled corn bids were down
18 to 30 cents at 4.80-5.36.
Soybean bids were mostly 15 cents
higher at 14.20-14.47.
Wheat bids were mostly 6 to 11
cents lower at 5.93-6.08.
[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 |
5.31 - 5.41 |
14.35 - 14.47 |
|
|
WESTERN |
5.11 - 5.26 |
14.35 - 14.57 |
|
|
N. CENT. |
5.41 - 5.66 |
14.86 - 15.07 |
|
|
S. CENTRAL |
5.26 - 5.49 |
14.89 - 15.03 |
|
|
WABASH |
5.11 - 5.20 |
14.27 - 14.38 |
5.93 - 6.08 |
|
W.S. WEST |
5.21 - 5.36 |
14.20 - 14.47 |
6.00 - 6.08 |
|
L. EGYPT |
4.80 - 4.96 |
14.27 - 14.38 |
5.95 - 6.00 |
Central Illinois average price
Corn: 5.46 (+ 85 Z)
Soybeans:
14.96 1/2 (+129 X)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
4.36 - 4.46 |
13.37 - 13.53 |
|
|
WESTERN |
4.34 - 4.44 |
13.37 - 13.42 |
|
|
N. CENT. |
4.35 - 4.44 |
13.42 - 13.59 |
|
|
S. CENTRAL |
4.37 - 4.47 |
13.48 - 13.56 |
|
|
WABASH |
4.33 - 4.46 |
13.48 - 13.53 |
|
|
W.S. WEST |
4.35 - 4.47 |
13.51 - 13.64 |
|
|
L. EGYPT |
4.35 - 4.41 |
13.45 - 13.53 |
|
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
8/29/2013 |
8/22/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
5.98
1/2 +100U |
6.22
1/2 +135U |
|
Soybeans |
14.96 +128X |
14.12 1/2 +126X |
Annual Comparison
|
|
July
2013 |
August 2012 |
| |
Price--Basis |
Price--Basis |
|
Corn |
6.60
1/2 +132U |
8.15 +11 1/2U |
|
Soybeans |
15.19 +85 1/2Q |
17.09 +44 1/2X |
[Text copied from
USDA-IL
Dept of Ag Market News, Springfield] |
