Illinois grain prices in country elevators

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[January 28, 2016]  SPRINGFIELD — This is Thursday's report of the grain prices and trends prepared by the USDA and the Illinois Department of Agriculture.

In Northern and Western Illinois country grain dealers quoted shelled corn bids were 4 cents lower. Soybean bids were down 15 cents.

In Central Illinois country grain dealers quoted shelled corn bids were 3 cents lower. Soybean bids were down 15 to 16 cents.

In the Southern part of the state, shelled corn bids were down 3 cents.  Soybean bids dropped 14 to 19 cents. Wheat bids were 3 to 4 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

3.40 - 3.56 8.33 - 8.57  

WESTERN 

3.43 - 3.59 8.42 - 8.67  

N. CENT.

3.51 - 3.62 8.52 - 8.76  

S. CENTRAL

3.56 - 3.71 8.52 - 8.72  

WABASH 

3.69 - 3.78 8.63 - 8.70 4.15 - 4.23

W.S. WEST

3.55 - 3.60 8.69 - 8.79 3.72 - 4.15

L. EGYPT

3.71 - 3.76 8.70 - 8.78  4.02 - 4.18

Central Illinois average price

Corn:  3.61 (-4 1/2 H)
Soybeans: 
8.64 (-4 H)

CONTRACT BIDS FOR MARCH 2016 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

3.38 - 3.56 8.44 - 8.52  

WESTERN 

3.44 - 3.61 8.45 - 8.68  

N. CENT.

3.51 - 3.62 8.44 - 8.68  

S. CENTRAL

3.56 - 3.71  8.45 - 8.58  

WABASH 

3.70 - 3.81 8.63 - 8.67 4.40 - 4.59

W.S. WEST

3.55 - 3.61 8.58 - 8.68 4.38 - 4.46

L. EGYPT

3.72 - 3.79 8.66 - 8.68  4.54 - 4.59

Wheat bids for June-July 2016 delivery

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

 

 

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