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Illinois grain prices in country elevators

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[November 07, 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 mixed on Wednesday afternoon.

Corn was pressured by technical trading as traders kept their focus on Friday's USDA report.

Soybeans are finding some support with exports.

In Northern and Western Illinois country grain dealers quoted shelled corn bids were 5 to 6 cents lower at 3.94-4.14.

Soybean bids were mixed at 12.30-12.56.

In Central Illinois country grain dealers quoted shelled corn bids were 4 to 5 cents lower at 3.98-4.14.

Soybean bids were mostly 4 to 5 cents higher at 12.38-12.58.

In the Southern part of the state, shelled corn bids were mixed at 3.93-4.24.

Soybean bids were mixed at 12.35-12.67.

Wheat bids were 3 to 5 cents lower at 6.25-6.52.


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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

3.94 - 4.14 12.30 - 12.46  

WESTERN 

4.04 - 4.13 12.43 - 12.56  

N. CENT.

3.98 - 4.10 12.42 - 12.58  

S. CENTRAL

4.04 - 4.14 12.38 - 12.53  

WABASH 

4.01 - 4.11 12.35 - 12.47 6.25 - 6.38

W.S. WEST

4.14 - 4.24 12.55 - 12.67 6.41 - 6.52

L. EGYPT

3.93 - 4.01 12.35 - 12.48 6.29 - 6.33

Central Illinois average price

Corn:  4.06 (-15 Z)
Soybeans:
12.48 (-15 X)


CONTRACT BIDS FOR JANUARY 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN

3.99 - 4.16 12.27 - 12.43  

WESTERN 

4.04 - 4.15 12.37 - 12.53  

N. CENT.

4.06 - 4.20 12.40 - 12.53  

S. CENTRAL

4.08 - 4.19 12.42 - 12.58  

WABASH 

4.11 - 4.20 12.60 - 12.73  

W.S. WEST

4.22 - 4.30 12.68 - 12.79  

L. EGYPT

4.07 - 4.14 12.58 - 12.73  

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

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