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Illinois grain prices in country elevators

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[October 22, 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 mixed on Monday afternoon.

Soybeans found support in export numbers.

Wheat sagged on positive South American production.

Corn found technical support after hitting trade lows.

In Northern and Western Illinois country grain dealers quoted shelled corn bids were 2 to 5 cents higher at 4.10-4.29.

Soybean bids were 8 to 12 cents higher at 12.67-12.92.

In Central Illinois country grain dealers quoted shelled corn bids were 1 to 2 cents higher at 4.18-4.28.

Soybean bids were 12 cents higher at 12.78-12.90.

In the Southern part of the state, shelled corn bids were 1 to 2 cents higher at 4.09-4.24.

Soybean bids were 8 to 12 cents higher at
12.75-13.01.

Wheat bids were 6 cents lower at 6.57-6.88.


 


 

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

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

4.17 - 4.29 12.67 - 12.79  

WESTERN 

4.10 - 4.24 12.75 - 12.92  

N. CENT.

4.22 - 4.28 12.80 - 12.90  

S. CENTRAL

4.18 - 4.27 12.78 - 12.90  

WABASH 

4.16 - 4.24 12.75 - 12.93 6.57 - 6.70

W.S. WEST

4.15 - 4.24 12.99 - 13.01 6.77 - 6.88

L. EGYPT

4.09 - 4.13 12.75 - 12.89 6.57 - 6.70

Central Illinois average price

Corn:  4.21 (-20 Z)
Soybeans:
12.72 (-19 X)

CONTRACT BIDS FOR JANUARY 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN

4.26 - 4.45 12.74 - 12.89  

WESTERN 

 4.20 - 4.34 12.87 - 12.96  

N. CENT.

 4.27 - 4.38 12.85 - 13.06  

S. CENTRAL

4.27 - 4.42 12.91 - 13.10  

WABASH 

4.34 - 4.45 13.01 - 13.10  

W.S. WEST

4.39 - 4.54 13.09 - 13.22  

L. EGYPT

4.24 - 4.39 13.00 - 13.11  

 

Cent. Ill. Average Price at Country Elevators

Week of

9/19/2013

9/12/2013

  Price--Basis Price--Basis

Corn

4.50 -9 1/2Z

4.94 1/2 +28Z

Soybeans

13.56 1/2 +17X

14.83 +87X 1

Annual Comparison

 

August 2013  

September 2012

  Price--Basis Price--Basis

Corn

5.98 1/2 +115U

7.69 1/2 +6Z

Soybeans

14.00 +135 1/2X

16.71 -4 1/2 X

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

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