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Illinois grain prices in country elevators

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[June 02, 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 lower.

Soybean bids were 5 to 6 cent lower.

In Central Illinois country grain dealers quoted shelled corn bids were 2 to 4 cents lower.

Soybean bids were up 1 to 6 cents lower.

In the Southern part of the state, shelled corn bids were steady to down 4 cents.

Soybean bids were 3 cents lower.

Wheat bids were down 6 to 7 cents.

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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

4.38 - 4.61 14.82 - 14.93  

WESTERN 

4.54 - 4.72 14.91 - 15.07  

N. CENT.

4.36 - 4.59 15.07 - 15.22  

S. CENTRAL

4.47 - 4.68 14.92 - 15.23  

WABASH 

4.49 - 4.63 15.01 - 15.14 5.95 - 6.07

W.S. WEST

4.69 - 4.89 14.94 - 15.23 6.14 - 6.24

L. EGYPT

4.58 - 4.74 14.93 - 15.14 5.96 - 6.07

Central Illinois average price

Corn:  4.52 (-13 1/2 N)
Soybeans:
15.07 1/2 (+14 1/2 N)

CONTRACT BIDS FOR NEW CROP 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

4.17 - 4.33 11.99 - 12.14  

WESTERN 

4.23 - 4.32 11.94 - 12.21  

N. CENT.

4.25 - 4.33 12.02 - 12.16  

S. CENTRAL

4.18 - 4.38 11.92 - 12.14  

WABASH 

4.24 - 4.38 12.07 - 12.19 5.95 - 6.02

W.S. WEST

4.25 - 4.33 12.10 - 12.34  6.14 - 6.15

L. EGYPT

4.14 - 4.33 12.04 - 12.19 5.96 - 6.07

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

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