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Illinois grain prices in country elevators

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[November 02, 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 mostly lower on Friday afternoon.

Corn and soybeans continue to be pressured lower on yield which seems to be improving as harvest progresses.

Wheat markets stayed at existing levels with technical trading.

In Northern and Western Illinois country grain dealers quoted shelled corn bids were 2 cents higher at 4.02-4.21.

Soybean bids were 15 to 16 cents lower at 12.33-12.58.

In Central Illinois country grain dealers quoted shelled corn bids were steady to 3 cents lower at 4.04-4.23.

Soybean bids were 10 to 15 cents lower at 12.41-12.61.

In the Southern part of the state, shelled corn bids were 1 cent lower at 3.92-4.29.

Soybean bids were 7 to 12 cents lower at 12.27-12.72.

Wheat bids were steady to 6 cents higher at 6.35-6.67.

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

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

4.02 - 4.17 12.33 - 12.48  

WESTERN 

4.02 - 4.21 12.45 - 12.58  

N. CENT.

4.04 - 4.10 12.45 - 12.61  

S. CENTRAL

4.10 - 4.23 12.41 - 12.54  

WABASH 

3.97 - 4.07 12.36 - 12.47  6.35 - 6.53

W.S. WEST

4.19 - 4.29 12.60 - 12.72 6.53 - 6.67

L. EGYPT

3.92 - 4.01 12.27 - 12.52 6.43 - 6.48

Central Illinois average price

Corn:  4.13 1/2 (-13 1/2 Z)
Soybeans:
12.51 (-15 X)


CONTRACT BIDS FOR JANUARY 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN

4.06 - 4.22 12.30 - 12.55  

WESTERN 

4.10 - 4.20 12.33 - 12.49  

N. CENT.

4.13 - 4.19 12.37 - 12.57  

S. CENTRAL

4.14 - 4.23 12.46 - 12.67  

WABASH 

4.18 - 4.26 12.57 - 12.69  

W.S. WEST

4.28 - 4.35 12.67 - 12.81  

L. EGYPT

4.11 - 4.20 12.52 - 12.70  

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

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