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Illinois grain prices in country elevators

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[December 05, 2013]  SPRINGFIELD -- This is Wednesday'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 mostly higher on Wednesday afternoon. 

Good demand for corn and soybeans supported futures buying while the wheat market moved lower following the record high wheat production estimate from Canada.

In Northern and Western Illinois country grain dealers quoted shelled corn bids were 2 to 5 cents higher at 4.06-4.23.

Soybean bids were 9 to 15 cents stronger at 13.02-13.29.

In Central Illinois country grain dealers quoted shelled corn bids were 5 to 8 cents higher at 4.09-4.24.

Soybean bids were 8 to 15 cents higher at 13.16-13.34.

In the Southern part of the state, shelled corn bids were up 6 to 9 cents at 4.14-4.32.

Soybean bids were 9 to 14 cents higher at 13.24-13.44.

Wheat bids were down mostly 3 to 8 cents at 6.37-6.70.

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

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

4.06 - 4.23 13.02 - 13.14  

WESTERN 

4.12 - 4.23 13.11 - 13.29  

N. CENT.

4.09 - 4.24 13.19 - 13.34  

S. CENTRAL

4.10 - 4.22 13.16 - 13.27  

WABASH 

4.14 - 4.32 13.24 - 13.36 6.37 - 6.51

W.S. WEST

4.15 - 4.30 13.26 - 13.44 6.60 - 6.70

L. EGYPT

4.20 - 4.26 13.25 - 13.35 6.41 - 6.49

Central Illinois average price

Corn:  4.16 1/2 (-20 H)
Soybeans:
13.25 (- 4 1/2 F)


CONTRACT BIDS FOR JANUARY 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN

4.08 - 4.26 13.04 - 13.21  

WESTERN 

4.14 - 4.19 13.07 - 13.24  

N. CENT.

4.15 - 4.28 13.19 - 13.37  

S. CENTRAL

4.12 - 4.24 13.19 - 13.38  

WABASH 

4.26 - 4.33 13.29 - 13.40  

W.S. WEST

4.27 - 4.39 13.35 - 13.48  

L. EGYPT

4.14 - 4.26 13.30 - 13.40  

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

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