Illinois grain prices in country elevators

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[February 03, 2018]  SPRINGFIELD — This is Friday'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 a penny higher. Soybean bids were 5 to 7 cents lower.

In Central Illinois country grain dealers quoted shelled corn bids were steady to 2 cents lower. Soybeans were down 5 to 7 cents.

In the Southern part of the state, shelled corn bids were steady.  Soybeans were down 6 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

3.28 - 3.48 9.14 - 9.30  

WESTERN 

3.28 - 3.38 9.27 - 9.40  

N. CENT.

3.28 - 3.39 9.29 - 9.59  

S. CENTRAL

3.31 - 3.52 9.33 - 9.48  

WABASH 

3.44 - 3.56  9.39 - 9.50  

W.S. WEST

3.44 - 3.57 9.41 - 9.64  

L. EGYPT

3.41 - 3.58 9.33 - 9.54  

Central Illinois average price

Corn:  3.40 (-21 1/2 H)
Soybeans:
9.44 (-35 H)

CONTRACT BIDS FOR MARCH 2018  DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT** 

NORTHERN

3.48 - 3.63 9.32 - 9.59  

WESTERN 

3.38 - 3.57 9.46 - 9.59  

N. CENT.

3.56 - 3.63 9.59 - 9.69  

S. CENTRAL

3.48 - 3.68 9.56 - 9.66  

WABASH 

3.63 - 3.68 9.49 - 9.64 4.44 - 4.54

W.S. WEST

3.48 - 3.72 9.62 - 9.78 4.52 - 4.59

L. EGYPT

3.41 - 3.62 9.47 - 9.64 4.32 - 4.52

**Wheat bids are for June-July Delivery 2018**

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

 

 

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