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Illinois grain prices in country elevators

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[February 08, 2014]  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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In Northern and Western Illinois country grain dealers quoted shelled corn bids were 1 to 4 cents higher.

Soybean bids were 5 to 8 cents higher.

In Central Illinois country grain dealers quoted shelled corn bids were mixed.

Soybean bids were 6 cents higher.

In the Southern part of the state, shelled corn bids were steady to 1 cents higher.

Soybean bids were 6 cents higher.

Wheat bids were 3 to 4 cents higher.

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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

4.14 - 4.38 12.96 - 13.06  

WESTERN 

4.19 - 4.35 13.06 - 13.19  

N. CENT.

4.18 - 4.30 13.16 - 13.35  

S. CENTRAL

4.26 - 4.41 13.12 - 13.36  

WABASH 

4.31 - 4.42 13.30 - 13.40 5.68 - 5.82

W.S. WEST

4.37 - 4.51 13.24 - 13.44 6.00 - 6.10

L. EGYPT

4.21 - 4.37 13.14 - 13.39 5.78 - 5.89

Central Illinois average price

Corn:  4.29 1/2 (-14 1/2 H)
Soybeans:
13.24 (-7 1/2 H)


CONTRACT BIDS FOR JANUARY 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

4.14 - 4.30 10.75 - 10.97  

WESTERN 

 4.20 - 4.60 10.86 - 11.22  

N. CENT.

4.24 - 4.30 10.84 - 11.11  

S. CENTRAL

4.20 - 4.35 10.86 - 11.07  

WABASH 

4.25 - 4.40 10.87 - 11.01 5.49 - 5.58

W.S. WEST

 4.19 - 4.34 11.04 - 11.27 5.54 - 5.69

L. EGYPT

4.29 - 4.35 10.97 - 11.02 5.44 - 5.54

[Text copied from USDA-Illinois Department of Agriculture Market News, Springfield]

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