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Illinois grain prices in country elevators

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[October 19, 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.

Wheat had substantial gains on lower than expected wheat yields in South America.

Corn and soybean prices sagged under pressure of the amount of grain crossing elevator scales.

In Northern and Western Illinois country grain dealers quoted shelled corn bids were mixed at 4.15-4.27.

Soybean bids were 1 to 2 cents lower at 12.55-12.84.

In Central Illinois country grain dealers quoted shelled corn bids were 1 to 2 cents lower at 4.16-4.27.

Soybean bids were mixed at 12.66-12.78.

In the Southern part of the state, shelled corn bids were 1 to 10 cents lower at 4.07-4.23.

Soybean bids were 2 to 12 cents lower at 12.63-12.93.

Wheat bids were 20 cents higher at 6.63-6.94.
 


 

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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

4.15 - 4.27 12.55 - 12.67  

WESTERN 

4.12 - 4.22 12.63 - 12.84  

N. CENT.

4.18 - 4.26 12.67 - 12.78  

S. CENTRAL

4.16 - 4.27 12.66 - 12.78  

WABASH 

4.14 - 4.22 12.63 - 12.81 6.63 - 6.76

W.S. WEST

4.16 - 4.23 12.87 - 12.93  6.83 - 6.94

L. EGYPT

4.07 - 4.16 12.63 - 12.77 6.63 - 6.76

Central Illinois average price

Corn:  4.21 (-20 Z)
Soybeans:
12.72 (-19 X)


CONTRACT BIDS FOR JANUARY 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN

4.23 - 4.41 12.53 - 12.78  

WESTERN 

4.23 - 4.33 12.77 - 12.85  

N. CENT.

4.24 - 4.39 12.73 - 12.98  

S. CENTRAL

4.26 - 4.39 12.80 - 12.95  

WABASH 

4.32 - 4.42 12.90 - 13.00  

W.S. WEST

4.36 - 4.52 12.98 - 13.11  

L. EGYPT

4.21 - 4.36 12.90 - 13.00  

 

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]

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