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Illinois grain prices in country elevators

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[August 21, 2013]  SPRINGFIELD -- This is Tuesday's report of the grain prices and trends, prepared by the USDA and the Illinois Department of Agriculture.

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Illinois country grain prices were lower on Tuesday afternoon.

Corn and soybean prices traded lower today at the Board of Trade on technical trading.

In Northern and Western Illinois country grain dealers quoted shelled corn bids were 6 to 8 cents lower at 5.98-6.08.

Soybean bids were 19 to 20 cents lower at 13.71-13.95.
 
In Central Illinois country grain dealers quoted shelled corn bids were  10 cents lower at 6.03-6.18.

Soybean bids were 13 to 18 cents lower at
14.14-14.35.

In the Southern part of the state, shelled corn bids were mostly 9 cents lower at 5.54-6.00.

Soybean bids were 12 to 13 cents lower at 13.72-14.21.

Wheat bids were 8 cents lower at 5.99-6.19.


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Commercial grain prices paid farmers by Interior Illinois Country Elevators after 2.00 p.m. XXX are listed below in dollars per bushel:

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

5.98 - 6.04 13.75 - 13.89  

WESTERN 

5.99 - 6.08 13.71 - 13.95  

N. CENT.

6.04 - 6.16 14.14 - 14.35  

S. CENTRAL

6.03 - 6.18 14.18 - 14.31  

WABASH 

5.89 - 5.94 14.09 - 14.21 6.04 - 6.19

W.S. WEST

5.84 - 6.00 13.72 - 13.86 6.06 - 6.18

L. EGYPT

5.54 - 5.69 13.91 - 14.11 5.99 - 6.09

Central Illinois average price

Corn:  6.10 1/2     (+127    U)  
Soybeans:
14.24 1/2     (+134    X)


CONTRACT BIDS FOR NEW CROP 2013 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN

4.48 - 4.60 12.55 - 12.71  

WESTERN 

4.46 - 4.55 12.60 - 12.65  

N. CENT.

4.50 - 4.62 12.65 - 12.74  

S. CENTRAL

4.49 - 4.61 12.71 - 12.80  

WABASH 

4.51 - 4.58 12.71 - 12.81  

W.S. WEST

4.46 - 4.58 12.82 - 12.89  

L. EGYPT

4.50 - 4.53 12.68 - 12.81  

***June/July 2013 delivery
 

Cent. Ill. Average Price at Country Elevators

Week of

8/15/2013

8/8/2013

  Price--Basis Price--Basis

Corn

6.03 1/2 +122U

5.85 1/2 +112U

Soybeans

14.09 1/2 +144X 

13.32 +146X

Annual Comparison

 

July 2013 

August 2012

  Price--Basis Price--Basis

Corn

6.60 1/2 +132U

8.15 +11 1/2U

Soybeans

15.19 +85 1/2Q

17.09 +44 1/2X

[Text copied from USDA-IL Dept of Ag Market News, Springfield]

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