Illinois grain prices in country elevators

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[October 17, 2016]  SPRINGFIELD — This is Monday'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. Soybean bids were 16 to 21 cents higher.

In Central Illinois country grain dealers quoted shelled corn bids were steady to a penny higher. Soybean bids were 18 cents higher.

In the Southern part of the state, shelled corn bids were mixed. Soybean bids were up 15 to 21 cents. Wheat bids were mostly 3 to 4 cents higher.

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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

3.14 - 3.27 9.27 - 9.46  

WESTERN 

3.21 - 3.26 9.35 - 9.43  

N. CENT.

3.24 - 3.34 9.35 - 9.63  

S. CENTRAL

3.24 - 3.42  9.33 - 9.48  

WABASH 

3.29 - 3.49 9.45 - 9.50 3.80 - 3.99

W.S. WEST

3.23 - 3.37  9.46 - 9.52 3.74 - 3.93

L. EGYPT

3.25 - 3.54 9.44 - 9.54 3.73 - 3.93

Central Illinois average price

Corn:  3.33 (-21 Z)
Soybeans: 
9.48 (-30 X)

CONTRACT BIDS FOR JANUARY 2017  DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

3.24 - 3.44 9.37 - 9.54  

WESTERN 

3.34 - 3.42 9.44 - 9.64  

N. CENT.

3.35 - 3.48 9.54 - 9.76  

S. CENTRAL

3.36 - 3.52 9.51 - 9.76  

WABASH 

3.44 - 3.64 9.61 - 9.76  

W.S. WEST

3.44 - 3.56  9.70 - 9.85  

L. EGYPT

3.40 - 3.59 9.70 - 9.81  

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

 

 

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