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Illinois grain prices in country elevators

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[December 14, 2013]  SPRINGFIELD  This is Friday's report of the grain prices and trends, prepared by the USDA and the Illinois Department of Agriculture.

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Illinois country grain prices were lower on Friday afternoon.

Corn futures values were pressured downward with the negative news from China's rejection of GMO corn and GMO DDGs.

Soybeans found higher prices in the final trading minutes after trading lower for most of the day.

Wheat is still being pressured lower by last week's record wheat estimate for Canada.

In Northern and Western Illinois country grain dealers quoted shelled corn bids were 6 to 9 cents lower at 3.94-4.17.

Soybean bids were 2 cents higher at 12.95-13.15.
 

In Central Illinois country grain dealers quoted shelled corn bids were 11 to 12 cents lower at 3.98-4.12.

Soybean bids were 1 to 4 cents higher at 13.12-13.32.

In the Southern part of the state, shelled corn bids were 4 to 6 cents lower at 4.11-4.25.

Soybean bids were 6 to 10 cents higher at 13.22-13.44.

Wheat bids were steady to 13 cents lower at 6.00-6.42.

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Commercial grain prices paid farmers by Interior Illinois Country Elevators after 2.00 p.m. are listed below in dollars per bushel:

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

3.94-4.17 13.00 - 13.13  

WESTERN 

4.05 - 4.12 12.95 - 13.15  

N. CENT.

3.98 - 4.10 13.13 - 13.32  

S. CENTRAL

4.02 - 4.12 13.12 - 13.26  

WABASH 

4.12 - 4.21 13.22 - 13.38 6.00 - 6.18

W.S. WEST

4.11 - 4.25 13.26 - 13.44 6.33 - 6.42

L. EGYPT

4.12 - 4.18 13.25 - 13.33 6.08 - 6.19

Central Illinois average price

Corn:  4.05 (-20 1/2H)  
Soybeans:
13.22 (- 5 1/2F)


CONTRACT BIDS FOR JANUARY 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN

3.97 - 4.18 13.03 - 13.13  

WESTERN 

4.03 - 4.12 12.97 - 13.19  

N. CENT.

4.01 - 4.13 13.15 - 13.32  

S. CENTRAL

4.02 - 4.12 13.12 - 13.26  

WABASH 

4.14 - 4.22 13.28 - 13.38  

W.S. WEST

4.20 - 4.29 13.33 - 13.46  

L. EGYPT

4.07 - 4.18 13.27 - 13.38  

[Text copied from USDA-IL Dept of Ag Market News, Springfield]

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