Illinois grain prices in country elevators

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[March 02, 2016]  SPRINGFIELD — This is Wednesday'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 steady to 3 cents higher. Soybean bids were up 3 cents.

In Central Illinois country grain dealers quoted shelled corn bids were steady to 2 cents higher. Soybean bids were up 3 to 4 cents higher.

In the Southern part of the state, shelled corn bids were steady to 1 cent higher. Soybean were mostly 4 to 6 cents higher. Wheat bids were
mostly up 4 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

3.32 - 3.44 8.17 - 8.35  

WESTERN 

3.31 - 3.50 8.30 - 8.50  

N. CENT.

3.37 - 3.48 8.36 - 8.54  

S. CENTRAL

3.38 - 3.55 8.33 - 8.46  

WABASH 

3.50 - 3.64 8.40 - 8.46 3.97 - 4.18

W.S. WEST

3.42 - 3.54 8.37 - 8.46 4.08 - 4.29

L. EGYPT

3.56 - 3.61 8.42 - 8.50 3.96 - 4.15

Central Illinois average price

Corn:   3.46 (-10 K)
Soybeans:  
8.43 1/2 (-18 K)

CONTRACT BIDS FOR OCT/NOV 2016 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

3.37 - 3.44 8.25 - 8.40  

WESTERN 

3.41 - 3.49 8.37 - 8.53  

N. CENT.

3.39 - 3.47 8.38 - 8.50  

S. CENTRAL

3.41 - 3.55 8.37 - 8.50  

WABASH 

3.42 - 3.53 8.35 - 8.52 4.19 - 4.31

W.S. WEST

3.25 - 3.56 8.25 - 8.50 4.10 - 4.19

L. EGYPT

3.44 - 3.55 8.35 - 8.50 4.26 - 4.31

Wheat bids for June-July 2016 delivery

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

 

 

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