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Illinois country grain prices were
lower on Monday afternoon.
Fund liquidation and technical
selling pressured soybean prices after some much needed rain
fell across parts of the producing areas.
Export inspections were lower than
necessary to reach the USDA export forecast.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were 8 to 16 cents lower at 4.40-4.77.
Soybean bids were sharply lower at
13.27-13.81.
In Central Illinois country grain dealers quoted shelled corn
bids were down 8 to 15 cents at 4.43-4.77.
Soybean bids were sharply lower at
13.48-14.17.
In the Southern part of the state, shelled corn bids were 9 to
13 cents lower at 4.40-4.62.
Soybean bids were sharply lower at
13.53-14.03.
Wheat bids were steady to 1 cent
lower at 5.90-6.11.
[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 |
4.60 - 4.77 |
13.27 - 13.37 |
|
|
WESTERN |
4.40 - 4.50 |
13.60 - 13.81 |
|
|
N. CENT. |
4.43 - 4.56 |
13.48 - 13.61 |
|
|
S. CENTRAL |
4.60 - 4.77 |
14.03 - 14.17 |
|
|
WABASH |
4.50 - 4.57 |
13.63 - 14.03 |
5.98 - 6.09 |
|
W.S. WEST |
4.46 - 4.62 |
13.53 - 13.65 |
5.94 - 6.11 |
|
L. EGYPT |
4.40 - 4.49 |
13.68 - 13.78 |
5.90 - 5.98 |
Central Illinois average price
Corn: 4.60 (+ 3 1/2 Z)
Soybeans:
13.82 (+34 X)
CONTRACT BIDS FOR NEW CROP 2013 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
4.40 - 4.54 |
13.13 - 13.32 |
|
|
WESTERN |
4.31 - 4.40 |
13.29 - 13.44 |
|
|
N. CENT. |
4.40 - 4.52 |
13.42 - 13.62 |
|
|
S. CENTRAL |
4.48 - 4.55 |
13.43 - 13.51 |
|
|
WABASH |
4.49 - 4.54 |
13.37 - 13.53 |
|
|
W.S. WEST |
4.50 - 4.60 |
13.51 - 13.65 |
|
|
L. EGYPT |
4.49 - 4.60 |
13.43 - 13.48 |
|
***June/July 2013 delivery
Cent. Ill. Average Price at Country
Elevators
|
Week of |
9/12/2013 |
9/5/2013 |
| |
Price--Basis |
Price--Basis |
|
Corn |
4.94
1/2 +28Z |
5.46
+85Z |
|
Soybeans |
14.83 +87X |
14.96 +129X |
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] |
