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Illinois grain prices in country elevators

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[January 16, 2015]  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 down 1 cent.

Soybean bids were 19 to 25 cents lower.

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

Soybean bids were down 15 to 19 cents.

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

Soybean bids were down 18 to 21 cents.

Wheat bids lost 5 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

3.46 - 3.65 9.41 - 9.68  

WESTERN 

3.50 - 3.58 9.54 - 9.75  

N. CENT.

3.52 - 3.66 9.60 - 9.96  

S. CENTRAL

3.52 - 3.71 9.61 - 9.83  

WABASH 

3.56 - 3.69 9.70 - 9.81 4.65 - 4.83

W.S. WEST

3.60 - 3.65  9.80 - 9.94 4.87 - 5.13

L. EGYPT

3.63 - 3.70 9.74 - 9.81 4.33 - 4.67

Central Illinois average price

Corn:  3.61 1/2 (-18 1/2 H)
Soybeans:
9.78 (-13 H)

CONTRACT BIDS FOR NEW CROP 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

3.62 - 3.78 9.24 - 9.42  

WESTERN 

3.60 - 3.67 9.27 - 9.49  

N. CENT.

3.68 - 3.78 9.38 - 9.52  

S. CENTRAL

3.62 - 3.78 9.37 - 9.47  

WABASH 

3.71 - 3.78 9.35 - 9.47 5.00-5.18

W.S. WEST

3.61 - 3.76  9.26 - 9.44 4.94-5.05

L. EGYPT

3.43 - 3.77 9.21 - 9.47 5.10-5.23

Wheat bids for June-July 2015 delivery

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

 

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