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Illinois grain prices in country elevators

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[November 27, 2013]  SPRINGFIELD -- This is Tuesday'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 lower on Tuesday afternoon.

Technical trading pushed grain lower on Tuesday afternoon with traders evening up positions before the holiday weekend.

In Northern and Western Illinois country grain dealers quoted shelled corn bids were 5 to 8 cents lower at 4.00-4.15.

Soybean bids were 3 cents lower at 12.99-13.18.

In Central Illinois country grain dealers quoted shelled corn bids were 2 to 6 cents lower at 4.00-4.18.

Soybean bids were steady at 13.14-13.28.

In the Southern part of the state, shelled corn bids were 4 to 7 cents lower at 4.01-4.25.

Soybean bids were steady at 13.11-13.38. Wheat bids were 4 to 5 cents lower at 6.26-6.60.

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Commercial grain prices paid farmers by Interior Illinois Country Elevators after 2 p.m. Tuesday are listed below in dollars per bushel:

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

4.00 - 4.13 12.99 - 13.11  

WESTERN 

4.08 - 4.15 13.09 - 13.18  

N. CENT.

4.00 - 4.15 13.14 - 13.23  

S. CENTRAL

4.06 - 4.18 13.14 - 13.28  

WABASH 

4.09 - 4.15 13.11 - 13.21 6.30 - 6.38

W.S. WEST

4.16 - 4.25 13.31 - 13.38 6.40 - 6.60

L. EGYPT

4.01 - 4.09 13.11 - 13.21 6.26 - 6.39

Central Illinois average price

Corn:  4.09 (- 9 1/2 Z)
Soybeans:
13.21 (- 8 F)


CONTRACT BIDS FOR JANUARY 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN

4.03 - 4.19 13.04 - 13.15  

WESTERN 

4.03 - 4.15 13.18 - 13.26  

N. CENT.

4.03 - 4.14 13.14 - 13.25  

S. CENTRAL

 4.03 - 4.15 13.20 - 13.32  

WABASH 

4.12 - 4.20 13.26 - 13.39  

W.S. WEST

4.19 - 4.29 13.42 - 13.52  

L. EGYPT

4.01 - 4.14 13.29 - 13.39  

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

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