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Illinois country grain prices were
higher on Wednesday afternoon.
Talk of high wheat prices in China
and frost damage in Argentina combined to drive wheat futures
higher.
The higher wheat futures pulled
corn and soybean values upward.
Export demand also provided some
support.
In Northern and Western Illinois country grain dealers quoted
shelled corn bids were mostly 4 to 6 cents higher at 4.26-4.50.
Soybean bids were up 7 to 10 cents
at 12.90-13.20.
In Central Illinois country grain dealers quoted shelled corn
bids were mixed at 4.32-4.43.
Soybean bids were steady to 8
cents higher at 12.96-13.22.
In the Southern part of the state, shelled corn bids were up 1
to 6 cents at 4.25-4.45.
Soybean bids were 5 to 10 cents
higher at 12.95-13.21.
Wheat bids were 8 to 12 cents
higher at 6.18-6.38.
[to top of second
column] |
Commercial grain prices paid farmers
by Interior Illinois Country Elevators after 2.00 p.m. Wednesday are listed below in dollars per bushel:
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
US 2
SOFT
WHEAT |
|
NORTHERN |
4.35 - 4.50 |
12.90 - 13.04 |
|
|
WESTERN |
4.26 - 4.35 |
13.00 - 13.20 |
|
|
N. CENT. |
4.32 - 4.42 |
12.96 - 13.17 |
|
|
S. CENTRAL |
4.33 - 4.43 |
13.14 - 13.22 |
|
|
WABASH |
4.28 - 4.45 |
12.95 - 13.20 |
6.19 - 6.31 |
|
W.S. WEST |
4.31 - 4.40 |
13.14 - 13.21 |
6.31 - 6.38 |
|
L. EGYPT |
4.25 - 4.30 |
12.95 - 13.02 |
6.18 - 6.28 |
Central Illinois average price
Corn: 4.37 1/2 (-17 Z)
Soybeans:
13.09 (-12 1/2 X)
CONTRACT BIDS FOR JANUARY 2014 DELIVERY
|
AREA |
US 2
CORN |
US 1
SOYBEANS |
***US
2
SOFT
WHEAT |
|
NORTHERN |
4.32 - 4.50 |
12.91 - 13.07 |
|
|
WESTERN |
4.29 - 4.38 |
13.06 - 13.15 |
|
|
N. CENT. |
4.40 - 4.52 |
13.01 - 13.19 |
|
|
S. CENTRAL |
4.37 - 4.53 |
13.19 - 13.30 |
|
|
WABASH |
4.44 - 4.54 |
13.09 - 13.29 |
|
|
W.S. WEST |
4.46 - 4.59 |
13.31 - 13.43 |
|
|
L. EGYPT |
4.47 - 4.49 |
13.12 - 13.29 |
|
***June/July 2013 delivery
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] |
