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Illinois grain prices in country elevators

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[November 23, 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 mixed on Friday afternoon.

Export sales of soybeans and substantial gains in soybean prices were chalked up to export sales.

Corn cannot break out of existing values because of the amazing corn yields this year.

Wheat found support from exports.

In Northern and Western Illinois country grain dealers quoted shelled corn bids were 1 cent lower at 3.99-4.17.

Soybean bids were 31 to 36 cents higher at 12.87-13.08.

In Central Illinois country grain dealers quoted shelled corn bids were 6 to 1 cent lower at 4.04-4.17.

Soybean bids were 28 to 33 cents higher at 13.04-13.19.

In the Southern part of the state, shelled corn bids were steady to 7 cents higher at 4.02-4.31.

Soybean bids were 28 to 30 cents higher at
12.90-13.26.

Wheat bids were steady to 1 cent higher at 6.26-6.58.

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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

3.99 - 4.17 12.87 - 13.02  

WESTERN 

4.12 - 4.17 13.00 - 13.08  

N. CENT.

4.04 - 4.17 13.04 - 13.13  

S. CENTRAL

4.10 - 4.17 13.04 - 13.19  

WABASH 

4.10 - 4.19 12.96 - 13.14 6.30 - 6.42

W.S. WEST

4.19 - 4.31 13.14 - 13.26 6.45 - 6.58

L. EGYPT

4.02 - 4.11 12.90 - 13.05 6.26 - 6.37

Central Illinois average price

Corn:  4.10 1/2 (-11 1/2 Z)
Soybeans:
13.11 1/2 (- 8 F)


CONTRACT BIDS FOR JANUARY 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN

4.07 - 4.18 12.94 - 13.03  

WESTERN 

4.01 - 4.12 13.09 - 13.16  

N. CENT.

4.07 - 4.19 13.10 - 13.24  

S. CENTRAL

4.05 - 4.15 13.09 - 13.23  

WABASH 

4.16 - 4.24 13.20 - 13.34  

W.S. WEST

4.25 - 4.36 13.24 - 13.40  

L. EGYPT

4.06 - 4.18 13.20 - 13.30  

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

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