Illinois grain prices in country elevators

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[February 23, 2017]  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 4 to 5 cents higher. Soybean bids were up 15 to 20 cents.

In Central Illinois country grain dealers quoted shelled corn bids were 4 cents higher. Soybean bids were up 13 to 16 cents.

In the Southern part of the state, shelled corn bids were 9 to 10 cents higher. Soybeans were up 17 to 18 cents. Wheat bids gained 3 to 5 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

3.41 - 3.59 10.07 - 10.25  

WESTERN 

3.54 - 3.67 10.16 - 10.40  

N. CENT.

3.55 - 3.66 10.18 - 10.41  

S. CENTRAL

3.54 - 3.66 10.18 - 10.38  

WABASH 

3.71 - 3.76 10.25 - 10.29 4.34 - 4.43

W.S. WEST

3.68 - 3.85 10.30 - 10.60 4.30 - 4.35

L. EGYPT

3.59 - 3.80 10.26 - 10.40 4.36 - 4.55

Central Illinois average price

Corn:   3.60 (-19 H)
Soybeans: 
10.29 1/2 (-31 1/2 H)

CONTRACT BIDS FOR OCTOBER/NOVEMBER 2017  DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT** 

NORTHERN

3.63 - 3.73 9.72 - 9.96  

WESTERN 

3.68 - 3.74  9.92 - 10.04  

N. CENT.

3.68 - 3.73 9.99 - 10.09  

S. CENTRAL

3.68 - 3.78 9.99 - 10.11  

WABASH 

3.73 - 3.88 9.91 - 10.09 4.50 - 4.65

W.S. WEST

3.67 - 3.84 10.07 - 10.26 4.52 - 4.55

L. EGYPT

3.58 - 3.93 9.96 - 10.04 4.35 - 4.62

**Wheat bids are for June-July Delivery 2017**

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

 

 

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