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Illinois grain prices in country elevators

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[October 10, 2014]  SPRINGFIELD — This is Thursday'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 cents stronger. Soybean bids were 7 cents higher.

In Central Illinois country grain dealers quoted shelled corn bids were 2 to 3 cents higher. Soybean bids were up 7 to 8 cents.

In the Southern part of the state, shelled corn bids were up 2 to 3 cents.  Soybean bids gained 5 to 7 cents. Wheat bids were mostly 14 to 15 cents
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

3.02 - 3.12 8.86 - 9.13  

WESTERN 

2.98 - 3.09 8.68 - 9.14  

N. CENT.

3.00 - 3.16 8.99 - 9.29  

S. CENTRAL

2.90 - 3.13 9.04 - 9.17  

WABASH 

3.00 - 3.07 8.92 - 9.07 3.82 - 4.23

W.S. WEST

2.79 - 3.00  9.13 - 9.29 3.39 - 3.86

L. EGYPT

2.99 - 3.10  8.92 - 9.07 3.77 - 4.13

Central Illinois average price

Corn:  3.03 (-42 Z)
Soybeans:
9.14 (-28 X)

CONTRACT BIDS FOR NEW CROP 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

3.12 - 3.34 9.10 - 9.32  

WESTERN 

3.09 - 3.22 9.21 - 9.45  

N. CENT.

3.15 - 3.37 9.25 - 9.49  

S. CENTRAL

3.23 - 3.38 9.18 - 9.57  

WABASH 

3.28 - 3.41 9.26 - 9.42  

W.S. WEST

3.25 - 3.36 9.46 - 9.64  

L. EGYPT

3.28 - 3.43 9.35 - 9.45  

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

 

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