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Illinois grain prices in country elevators

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[October 24, 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 7 to 8 cents stronger.

Soybean bids were 30 to 32 cents higher.

In Central Illinois country grain dealers quoted shelled corn bids were 4 to 7 cents higher.

Soybean bids were up 24 to 26 cents.

In the Southern part of the state, shelled corn bids were up 7 to 9 cents.

Soybean bids were 27 to 30 cents stronger.

Wheat bids were 5 cents 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

3.17 - 3.30 9.42 - 9.62  

WESTERN 

3.12 - 3.27 9.50 - 9.67  

N. CENT.

3.18 - 3.30 9.56 - 9.90  

S. CENTRAL

3.10 - 3.30 9.49 - 9.81  

WABASH 

3.12 - 3.22  9.43 - 9.61 4.15 - 4.57

W.S. WEST

3.06 - 3.20 9.74 - 9.90 4.10 - 4.49

L. EGYPT

3.10 - 3.25 9.43 - 9.71 4.11 - 4.47

Central Illinois average price

Corn:  3.20 (-40 Z)
Soybeans:
9.69 1/2 (-23 1/2 X)

CONTRACT BIDS FOR NEW CROP 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

3.29 - 3.53 9.64 - 9.82  

WESTERN 

3.24 - 3.38 9.73 - 9.95  

N. CENT.

 3.35 - 3.53 9.66 - 10.02  

S. CENTRAL

3.34 - 3.52 9.68 - 10.07  

WABASH 

3.42 - 3.55 9.80 - 9.92  

W.S. WEST

3.47 - 3.58 10.03 - 10.19  

L. EGYPT

 3.39 - 3.59 9.85 - 10.00  

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

 

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