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Illinois grain prices in country elevators

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[May 20, 2014]  SPRINGFIELD — This is Monday'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 6 cents lower.

Soybean bids were 16 cents higher.

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

Soybean bids were 20 to 22 cents higher.

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

Soybean bids were 10 to 18 cents higher.

Wheat bids were 1 cent 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

4.47 - 4.71 14.66 - 14.85  

WESTERN 

4.59 - 4.76 14.75 - 14.93  

N. CENT.

4.45 - 4.62 14.90 - 15.12  

S. CENTRAL

4.54 - 4.74 14.77 - 15.05  

WABASH 

4.56 - 4.71 14.97 - 15.06 6.55 - 6.68

W.S. WEST

4.68 - 4.91 14.86 - 15.07 6.57 - 6.72

L. EGYPT

4.61 - 4.77 14.85 - 15.06 6.40 - 6.55

Central Illinois average price

Corn:  4.59 1/2 (-17 1/2 N)
Soybeans:
14.94 1/2 (+9 1/2 N)

CONTRACT BIDS FOR NEW CROP 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

4.35 - 4.51 12.04 - 12.14  

WESTERN 

4.37 - 4.48 11.96 - 12.24  

N. CENT.

4.43 - 4.51 12.06 - 12.21  

S. CENTRAL

4.36 - 4.56 11.97 - 12.19  

WABASH 

4.44 - 4.56 12.07 - 12.24 6.40 - 6.50

W.S. WEST

4.45 - 4.51 12.08 - 12.31 6.61 - 6.65

L. EGYPT

4.46 - 4.51 12.01 - 12.24 6.45 - 6.55

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

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