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Illinois grain prices in country elevators

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[December 06, 2013]  SPRINGFIELD -- This is Thursday'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 mixed to lower on Thursday afternoon.

With export sales lower than traders expected grain values were cut.

Record high wheat production estimate from Canada kept pressure on the wheat prices.

In Northern and Western Illinois country grain dealers quoted shelled corn bids were 2 to 5 cents lower at 4.03-4.18.

Soybean bids were mixed at 13.06-13.28.

In Central Illinois country grain dealers quoted shelled corn bids were mixed at 4.05-4.28.

Soybean bids were mixed at 13.14-13.37.

In the Southern part of the state, shelled corn bids were mixed at 4.19-4.34.

Soybean bids were mixed at 13.22-13.52.Wheat bids were down 7 to 9 cents at 6.24-6.61.

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

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

4.03 - 4.18 13.06 - 13.13  

WESTERN 

4.06 - 4.16 13.11 - 13.28  

N. CENT.

4.05 - 4.18 13.18 - 13.33  

S. CENTRAL

4.08 - 4.28 13.14 - 13.37  

WABASH 

4.19 - 4.29 13.22 - 13.38 6.24 - 6.41

W.S. WEST

4.19 - 4.34 13.39 - 13.52 6.57 - 6.61

L. EGYPT

4.21 - 4.23 13.24 - 13.38 6.31 - 6.40

Central Illinois average price

Corn:  4.16 1/2 (-17 H)
Soybeans:
13.25 1/2 (- 2 1/2 F)


CONTRACT BIDS FOR JANUARY 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN

4.02 - 4.21 13.02 - 13.17  

WESTERN 

4.14 - 4.21 13.07 - 13.28  

N. CENT.

4.12 - 4.24 13.18 - 13.33  

S. CENTRAL

4.10 - 4.21 13.17 - 13.38  

WABASH 

4.23 - 4.30 13.27 - 13.38  

W.S. WEST

4.23 - 4.34 13.46 - 13.50  

L. EGYPT

4.19 - 4.23 13.28 - 13.38  

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

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