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Illinois grain prices in country elevators

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[May 08, 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 4 to 6 cents lower.

Soybean bids were 12 to 13 cents lower.

In Central Illinois country grain dealers quoted shelled corn bids were mixed.

Soybean bids were 9 to 16 cents lower.

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

Soybean bids were 12 to 13 cents lower.

Wheat bids were mostly 1 cent 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

4.84 - 5.04 14.25 - 14.46  

WESTERN 

4.94 - 5.08 14.28 - 14.50  

N. CENT.

 4.84 - 4.99 14.47 - 14.66  

S. CENTRAL

4.91 - 5.07 14.49 - 14.63  

WABASH 

4.93 - 5.13 14.58 - 14.67 7.05 - 7.31

W.S. WEST

5.05 - 5.27 14.41 - 14.68 7.18 - 7.38

L. EGYPT

4.94 - 5.14 14.38 - 14.66 7.02 - 7.18

Central Illinois average price

Corn:  4.95 1/2 (-18 1/2 N)
Soybeans:
14.56 1/2 (+10 1/2 N)

CONTRACT BIDS FOR JANUARY 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

4.69 - 4.80 11.72 - 11.92  

WESTERN 

4.75 - 4.82 11.74 - 11.98  

N. CENT.

4.77 - 4.85 11.83 - 12.00  

S. CENTRAL

4.70 - 4.90 11.85 - 11.97  

WABASH 

 4.78 - 4.90 11.85 - 12.02 7.03 - 7.13

W.S. WEST

 4.79 - 4.95 11.89 - 12.11 7.07 - 7.31

L. EGYPT

4.80 - 4.85 11.80 - 12.02  6.99 - 7.18

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

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