Illinois grain prices in country elevators

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[May 31, 2016]  SPRINGFIELD  This is Tuesday'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 down 8 cents. Soybean bids were mostly 8 to 9 cents lower.

In Central Illinois country grain dealers quoted shelled corn bids were 7 to 8 cents lower. Soybean bids were down 8 cents.

In the Southern part of the state, shelled corn bids were down 7 to 8 cents. Soybean bids were 8 cents lower. Wheat bids dropped 13 to 19
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

3.74 - 3.85 10.28 - 10.44  

WESTERN 

3.76 - 3.86 10.38 - 10.47  

N. CENT.

3.79 - 3.92 10.41 - 10.63  

S. CENTRAL

3.80 - 3.95 10.26 - 10.51  

WABASH 

3.98 - 4.05 10.45 - 10.54 4.15 - 4.35

W.S. WEST

 3.79 - 3.97 10.50 - 10.59 4.15 - 4.41

L. EGYPT

3.98 - 4.07 10.45 - 10.59 4.35 - 4.40

Central Illinois average price

Corn:  3.87 (-18 N)
Soybeans: 
10.44 1/2 (-34 N)

CONTRACT BIDS FOR OCT/NOV 2016 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

3.71 - 3.84 10.06 - 10.21  

WESTERN 

3.67 - 3.79 10.16 - 10.21  

N. CENT.

3.73 - 3.83 10.21 - 10.35  

S. CENTRAL

3.74 - 3.89 10.18 - 10.32  

WABASH 

3.79 - 3.86 10.20 - 10.26 4.30 - 4.40

W.S. WEST

3.79 - 3.92 10.32 - 10.41 4.23 - 4.41

L. EGYPT

3.78 - 3.90 10.21 - 10.25 4.03 - 4.40

Wheat bids for June-July 2016 delivery

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

 

 

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