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Illinois grain prices in country elevators

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[July 19, 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 7 to 8 cents lower at 3.58-3.70.

Soybean bids were mixed at 12.03-12.27.

In Central Illinois country grain dealers quoted shelled corn bids were down 7 to 10 cents at 3.55-3.76.

Soybean bids were mostly 1 to 2 cents higher at
12.29-12.56.

In the Southern part of the state, shelled corn bids were 8 to 10 cents lower at 3.67-3.91.

Soybean bids were 1 to 3 cents higher at 12.15-12.42.

Wheat bids were 18 to 26 cents lower at 4.66-5.04 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

3.58 - 3.69 12.03 - 12.21  

WESTERN 

3.65 - 3.70 12.09 - 12.27  

N. CENT.

3.55 - 3.69 12.36 - 12.56  

S. CENTRAL

3.62 - 3.76 12.29 - 12.47  

WABASH 

3.67 - 3.86 12.15 - 12.27 4.86 - 4.97

W.S. WEST

3.83 - 3.89 12.15 - 12.33 4.66 - 4.77

L. EGYPT

3.83 - 3.91 12.15 - 12.42 4.92 - 5.04

Central Illinois average price

Corn:  3.65 1/2 (-6 U)
Soybeans:
12.42 1/2 (+66 Q)

CONTRACT BIDS FOR NEW CROP 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

3.40 - 3.56 10.50 - 10.60  

WESTERN 

3.42 - 3.54 10.53 - 10.58  

N. CENT.

3.42 - 3.51 10.53 - 10.67  

S. CENTRAL

3.43 - 3.53 10.53 - 10.63  

WABASH 

3.48 - 3.62 10.60 - 10.67  

W.S. WEST

3.48 - 3.56 10.57 - 10.74  

L. EGYPT

3.54 - 3.59 10.55 - 10.63  

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

 

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