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Illinois grain prices in country elevators

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[July 07, 2014]  SPRINGFIELD — This is Thursday'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 down 3 cents.

Soybean bids were down 15 to 18 cents.

In Central Illinois country grain dealers quoted shelled corn bids 3 to 5 cents lower.

Soybean bids were 13 to 15 cents lower.

In the Southern part of the state, shelled corn bids were 2 to 6 cents lower.

Soybean bids were mostly 12 to 15 cents lower.

Wheat bids were 4 to 7 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

3.89 - 4.10 13.64 - 13.74  

WESTERN 

4.08 - 4.13 13.50 - 13.75  

N. CENT.

3.93 - 4.06 13.54 - 13.75  

S. CENTRAL

3.96 - 4.11 13.54 - 13.75  

WABASH 

4.10 - 4.28 13.62 - 13.95 5.34 - 5.45

W.S. WEST

4.07 - 4.25 13.65 - 13.94 5.52 - 5.59

L. EGYPT

4.22 - 4.25 13.63 - 13.81 5.42 - 5.52

Central Illinois average price

Corn:  4.02 (-7 1/2 U)
Soybeans:
13.64 1/2 (+65 Q)

CONTRACT BIDS FOR NEW CROP 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

3.77 - 3.90 10.93 - 11.08  

WESTERN 

3.84 - 3.93 10.97 - 11.21  

N. CENT.

3.82 - 3.90 11.02 - 11.16  

S. CENTRAL

3.80 - 3.95 10.92 - 11.14  

WABASH 

3.85 - 3.97 11.09 - 11.16  

W.S. WEST

3.82 - 3.93 11.11 - 11.24  

L. EGYPT

 3.73 - 3.98 11.04 - 11.15  

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

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