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Illinois grain prices in country elevators

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[July 08, 2014]  SPRINGFIELD  This is Monday'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 9 to 12 cents.

Soybean bids were down 26 to 27 cents.

In Central Illinois country grain dealers quoted shelled corn bids 9 to 10 cents lower.

Soybean bids were 15 to 29 cents lower.

In the Southern part of the state, shelled corn bids were 9 to 10 cents lower.

Soybean bids were 25 to 27 cents lower.

Wheat bids were 23 cents lower.

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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

3.80 - 4.01 13.38 - 13.49  

WESTERN 

3.94 - 4.01 13.23 - 13.49  

N. CENT.

 3.83 - 3.98 13.29 - 13.58  

S. CENTRAL

3.87 - 4.02 13.25 - 13.60  

WABASH 

4.01 - 4.19 13.35 - 13.54 5.11 - 5.22

W.S. WEST

3.97 - 4.16 13.47 - 13.70 5.29 - 5.36

L. EGYPT

4.13 - 4.16 13.38 - 13.54 5.19 - 5.31

Central Illinois average price

Corn:  3.92 1/2 (-8 U)
Soybeans:
13.42 1/2 (+69 1/2 Q)

CONTRACT BIDS FOR NEW CROP 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

3.68 - 3.81 10.90 - 11.00  

WESTERN 

3.75 - 3.91 10.89 - 11.13  

N. CENT.

3.74 - 3.81 10.94 - 11.08  

S. CENTRAL

3.71 - 3.86 10.84 - 11.05  

WABASH 

3.76 - 3.86 11.01 - 11.08  

W.S. WEST

3.73 - 3.85 11.04 - 11.16  

L. EGYPT

3.64 - 3.86 10.96 - 11.07  

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

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