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Illinois country grain prices were
mixed on Thursday afternoon, with soybeans and wheat higher and
corn lower.
A lower average projected US
soybean yield and tighter new crop soybean stocks in today's
USDA crop report lifted soybean values.
Also in today's USDA report for
Illinois producers, the average yield for corn was estimated at
165 bushels per acre, with soybean yields expected to be 46
bushels per acre.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were mixed at 4.66-4.92.
Soybean bids were 15 to 25 cents
higher at 13.82-14.54.
In Central Illinois country grain dealers quoted shelled corn
bids were 5 to 15 cents lower at 4.84-5.05.
Soybean bids were 30 to 40 cents
higher
at 14.70-14.96.
In the Southern part of the state, shelled corn bids were 10 to
20 cents lower at 4.65-4.82.
Soybean bids were up 15 to 33
cents at 14.18-14.61.
Wheat bids were up 1 to 5 cents at
6.01-6.21.
[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 |
4.80 - 4.92 |
13.82 - 14.06 |
|
|
WESTERN |
4.66 - 4.86 |
14.51 - 14.54 |
|
|
N. CENT. |
4.92 - 5.05 |
14.70 - 14.81 |
|
|
S. CENTRAL |
4.84 - 4.98 |
14.76 - 14.96 |
|
|
WABASH |
4.65 - 4.73 |
14.41 - 14.61 |
6.10 - 6.21 |
|
W.S. WEST |
4.77 - 4.82 |
14.18 - 14.26 |
6.05 - 6.21 |
|
L. EGYPT |
4.66 - 4.77 |
14.36 - 14.48 |
6.01 - 6.13 |
Central Illinois average price
Corn: 4.94 1/2 (+ 28 Z)
Soybeans:
14.83 (+ 87 X)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
4.41 - 4.55 |
13.57 - 13.81 |
|
|
WESTERN |
4.41 - 4.46 |
13.68 - 13.81 |
|
|
N. CENT. |
4.41 - 4.52 |
13.53 - 13.74 |
|
|
S. CENTRAL |
4.42 - 4.51 |
13.71 - 13.84 |
|
|
WABASH |
4.41 - 4.51 |
13.76 - 13.81 |
|
|
W.S. WEST |
4.41 - 4.54 |
13.73 - 13.86 |
|
|
L. EGYPT |
4.40 - 4.46 |
13.76 - 13.81 |
|
***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] |
