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Illinois grain prices in country elevators

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[July 16, 2014]  SPRINGFIELD — This is Tuesday'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 mostly 5 to 7 cents lower at 3.63-3.79.

Soybean bids were down 25 to 35 cents at 12.13-12.42.

In Central Illinois country grain dealers quoted shelled corn bids 6 to 9 cents lower.

Soybean bids were down 18 to 30 cents at 12.32-12.60.

In the Southern part of the state, shelled corn bids were 7 to 8 cents lower at 3.70-3.94.

Soybean bids were 25 to 35 cents lower at 12.21-12.57.

Wheat bids were mostly steady at 4.92-5.10 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

3.63 - 3.75 12.13 - 12.42  

WESTERN 

3.67 - 3.79 12.18 - 12.32  

N. CENT.

3.58 - 3.74 12.34 - 12.60  

S. CENTRAL

3.61 - 3.81 12.32 - 12.51  

WABASH 

3.70 - 3.92 12.28 - 12.56 4.92 - 5.03

W.S. WEST

3.82 - 3.87 12.30 - 12.57 4.93 - 4.97

L. EGYPT

3.84 - 3.94 12.21 - 12.46 4.98 - 5.10

Central Illinois average price

Corn:  3.69 1/2 (-4 1/2 U)
Soybeans:
12.46 (+65 1/2 Q)

CONTRACT BIDS FOR NEW CROP 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

3.44 - 3.57 10.51 - 10.66  

WESTERN 

3.42 - 3.57 10.48 - 10.62  

N. CENT.

 3.48 - 3.56 10.54 - 10.68  

S. CENTRAL

3.47 - 3.60 10.47 - 10.66  

WABASH 

3.51 - 3.65 10.61 - 10.68  

W.S. WEST

3.50 - 3.63 10.65 - 10.75  

L. EGYPT

3.57 - 3.62 10.54 - 10.66  

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

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