Illinois grain prices in country elevators

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[May 17, 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 mostly 4 to 7 cents higher. Soybean bids were up 13 to 16 cents.

In Central Illinois country grain dealers quoted shelled corn bids were 2 to 3 cents higher. Soybean bids gained 12 to 16 cents.

In the Southern part of the state, shelled corn bids were up 3 to 6 cents. Soybean bids were 15 cents stronger. Wheat bids were up 7 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

3.65 - 3.81 10.12 - 10.30  

WESTERN 

3.70 - 3.84  10.27 - 10.40  

N. CENT.

3.72 - 3.83 10.40 - 10.55  

S. CENTRAL

3.73 - 3.89 10.38 - 10.46  

WABASH 

3.84 - 3.97 10.42 - 10.51 4.27 - 4.52

W.S. WEST

3.76 - 3.89 10.33 - 10.49 4.11 - 4.60

L. EGYPT

3.90 - 4.01 10.46 - 10.55 4.28 - 4.64

Central Illinois average price

Corn:  3.80 1/2 (-16 1/2 N)
Soybeans: 
10.46 1/2 (-34 N)

CONTRACT BIDS FOR OCT/NOV 2016 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

3.65 - 3.73 10.15 - 10.37  

WESTERN 

3.71 - 3.76 10.25 - 10.37  

N. CENT.

3.69 - 3.79 10.32 - 10.42  

S. CENTRAL

3.68 - 3.84 10.31 - 10.39  

WABASH 

3.74 - 3.84 10.30 - 10.34 4.42 - 4.57

W.S. WEST

3.72 - 3.87 10.36 - 10.43 4.40 - 4.54

L. EGYPT

3.73 - 3.84 10.26 - 10.32 4.20 - 4.57

Wheat bids for June-July 2016 delivery

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

 


 

 

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