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Illinois grain prices in country elevators

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[November 26, 2013]  SPRINGFIELD -- This is Monday'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 moderately higher on Monday afternoon.

Strong export sales of corn acted to support inspections of corn at 30.24 million bushels. Good commercial buying continues to support the soybean market.

The USDA said last weeks soybean export inspections were 66.9 million bushels.

In Northern and Western Illinois country grain dealers quoted shelled corn bids were 4 to 7 cents higher at 4.05-4.23.

Soybean bids were up 9 to 14 cents at 12.96-13.21.

In Central Illinois country grain dealers quoted shelled corn bids were 2 to 4 cents higher at 4.06-4.20.

Soybean bids were 9 to 12 cents higher at 13.14-13.28.

In the Southern part of the state, shelled corn bids were 1 to 4 cents higher at 4.05-4.32.

Soybean bids were mostly 10 to 12 cents higher at
13.11-13.38.

Wheat bids were up 4 to 8 cents higher at 6.30-6.65.

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

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

4.05 - 4.23 12.96 - 13.11  

WESTERN 

4.15 - 4.20 13.09 - 13.21  

N. CENT.

4.06 - 4.20 13.14 - 13.23  

S. CENTRAL

4.13 - 4.20 13.14 - 13.28  

WABASH 

4.10 - 4.22 13.11 - 13.23 6.30 - 6.41

W.S. WEST

4.22 - 4.32 13.26 - 13.38 6.53 - 6.65

L. EGYPT

4.05 - 4.15 13.11 - 13.19 6.32 - 6.45

Central Illinois average price

Corn:  4.13 (-12 Z)
Soybeans:
13.21 (- 8 F)


CONTRACT BIDS FOR JANUARY 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN

4.09 - 4.20 13.00 - 13.15  

WESTERN 

4.08 - 4.17 13.14 - 13.22  

N. CENT.

4.09 - 4.21 13.14 - 13.30  

S. CENTRAL

4.08 - 4.22 13.20 - 13.32  

WABASH 

4.18 - 4.26 13.27 - 13.39  

W.S. WEST

4.27 - 4.33 13.40 - 13.50  

L. EGYPT

4.09 - 4.20 13.29 - 13.39  

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

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