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Illinois country grain prices were
lower on Monday afternoon.
Trading activity was slower on
Monday at the Board of Trade.
The warm and dry weekend did not
support higher prices on Monday.
In the cash markets the cash corn
and soybean basis weakened on Monday at many processors, with
losses of 15 to 30 cents noted.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were mostly 15 to 32 cents lower at 4.61-5.08.
Soybean bids were 20 to 42 cents
lower at 13.86-14.46.
In Central Illinois country grain dealers quoted shelled corn
bids were 43 to 55 cents lower at 4.82-5.20.
Soybean bids were 18 to 26 cents
lower at 14.31-14.76.
In the Southern part of the state, shelled corn bids were 16 to
20 cents lower at 4.73-5.09.
Soybean bids were mostly 10 to 13
cents lower at 14.15-14.37.
Wheat bids were down mostly 6 to 7
cents at
5.84-6.09.
[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 |
4.97 - 5.08 |
13.86 - 13.98 |
|
|
WESTERN |
4.61 - 4.93 |
14.26 - 14.46 |
|
|
N. CENT. |
5.03 - 5.20 |
14.31 - 14.57 |
|
|
S. CENTRAL |
4.82 - 4.94 |
14.62 - 14.76 |
|
|
WABASH |
4.99 - 5.09 |
14.17 - 14.27 |
5.98 - 6.09 |
|
W.S. WEST |
4.75 - 5.08 |
14.15 - 14.37 |
5.84 - 6.09 |
|
L. EGYPT |
4.73 - 4.94 |
14.16 - 14.27 |
5.96 - 6.01 |
Central Illinois average price
Corn: 5.01 (+ 37 1/2Z)
Soybeans:
14.53 1/2 (+ 97 X)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
4.39 - 4.53 |
13.21 - 13.37 |
|
|
WESTERN |
4.38 - 4.44 |
13.26 - 13.31 |
|
|
N. CENT. |
4.38 - 4.44 |
13.31 - 13.51 |
|
|
S. CENTRAL |
4.38 - 4.49 |
13.32 - 13.45 |
|
|
WABASH |
4.35 - 4.49 |
13.37 - 13.42 |
|
|
W.S. WEST |
4.31 - 4.46 |
13.43 - 13.50 |
|
|
L. EGYPT |
4.38 - 4.43 |
13.32 - 13.42 |
|
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
9/5/2013 |
8/29/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
5.46
+85Z |
5.98
1/2 +100U |
|
Soybeans |
14.96 +129X |
14.96 +128X |
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] |
