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Illinois grain prices in country elevators

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[June 05, 2014]  SPRINGFIELD — This is Wednesday'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 2 to 6 cents lower.

Soybean bids were down 7 to 9 cents.

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

Soybean bids were up 2 cents.

In the Southern part of the state, shelled corn bids were mixed.

Soybean bids were mixed.

Wheat bids were up 2 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

4.31 - 4.54 14.60 - 14.75  

WESTERN 

4.49 - 4.62 14.72 - 14.86  

N. CENT.

 4.28 - 4.45 14.79 - 15.12  

S. CENTRAL

4.41 - 4.60 14.77 - 15.03  

WABASH 

4.45 - 4.53 14.89 - 15.04 5.85 - 6.03

W.S. WEST

4.56 - 4.66 14.80 - 14.93 5.91 - 6.07

L. EGYPT

4.55 - 4.64 14.71 - 15.04 5.85 - 5.95

Central Illinois average price

Corn:  4.44 (-12 N)
Soybeans:
14.94 1/2 (+12 N)

CONTRACT BIDS FOR NEW CROP 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

4.16 - 4.24 11.82 - 11.87  

WESTERN 

4.15 - 4.24 11.77 - 12.03  

N. CENT.

4.21 - 4.29 11.85 - 11.99  

S. CENTRAL

4.21 - 4.34 11.75 - 12.00  

WABASH 

4.22 - 4.35 11.90 - 12.00 5.85 - 6.01

W.S. WEST

4.21 - 4.30 11.94 - 12.18 5.87 - 6.02

L. EGYPT

4.24 - 4.29 11.87 - 12.02 5.85 - 5.95

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

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