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Illinois grain prices in country elevators

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[November 08, 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 steady to higher on Thursday afternoon.

Soybeans posted gains on export sales to China.

Corn and wheat are waiting for direction from the USDA report on Friday morning.

In Northern and Western Illinois country grain dealers quoted shelled corn bids were steady to 1 cent higher at 3.95-4.14.

Soybean bids were 12 to 14 cents higher at 12.44-12.68.

In Central Illinois country grain dealers quoted shelled corn bids were 1 cent lower at 3.97-4.13.

Soybean bids were 11 to 13 cents higher at
12.51-12.69.

In the Southern part of the state, shelled corn bids were steady to 4 cents lower at 3.93-4.20.

Soybean bids were 8 to 12 cents higher at
12.47-12.75.

Wheat bids were steady to 1 cent lower at 6.25-6.51.

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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

3.95 - 4.14 12.44 - 12.59  

WESTERN 

4.05 - 4.13 12.58 - 12.68  

N. CENT.

3.97 - 4.09 12.56 - 12.69  

S. CENTRAL

 4.03 - 4.13 12.51 - 12.66  

WABASH 

4.03 - 4.11 12.47 - 12.60 6.25 - 6.38

W.S. WEST

 4.06 - 4.20 12.65 - 12.75 6.40 - 6.51

L. EGYPT

3.93 - 4.01 12.47 - 12.55 6.29 - 6.33

Central Illinois average price

Corn:  4.05 (-15 1/2 Z)
Soybeans:
12.60 (-19 X)


CONTRACT BIDS FOR JANUARY 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN

3.98 - 4.16 12.39 - 12.59  

WESTERN 

4.04 - 4.15 12.44 - 12.72  

N. CENT.

 4.06 - 4.20 12.56 - 12.72  

S. CENTRAL

4.08 - 4.20 12.61 - 12.74  

WABASH 

4.11 - 4.22 12.67 - 12.85  

W.S. WEST

4.20 - 4.30 12.78 - 12.90  

L. EGYPT

4.07 - 4.14 12.67 - 12.85  

 

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

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