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Illinois grain prices in country elevators

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[October 31, 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.

Export possibilities supported soybeans.

Big production numbers keep pressure
on corn and wheat lost on technical trading.

In Northern and Western Illinois country grain dealers quoted shelled corn bids were mixed at 4.02-4.20.

Soybean bids were up 8 to 14 cents at
12.56-12.71.

In Central Illinois country grain dealers quoted shelled corn bids were 2 cents lower at 4.07-4.27.

Soybean bids were 6 to 14 cents higher at
12.59-12.80.

In the Southern part of the state, shelled corn bids were 1 to 3 cents lower at 3.94-4.28.

Soybean bids were 5 to 12 cents higher at
12.45-12.86.

Wheat bids were mixed at 6.40-6.73.
 

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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

4.02 - 4.20 12.56 - 12.71  

WESTERN 

4.05 - 4.20 12.62 - 12.68  

N. CENT.

4.07 - 4.12 12.63 - 12.72  

S. CENTRAL

4.13 - 4.27 12.59 - 12.80  

WABASH 

 4.00 - 4.10 12.50 - 12.62 6.40 - 6.53

W.S. WEST

4.16 - 4.28 12.72 - 12.86 6.68 - 6.73

L. EGYPT

3.94 - 4.00 12.45 - 12.50 6.50 - 6.55

Central Illinois average price

Corn:  4.17 (-13 Z)
Soybeans:
12.69 1/2 (-18 X)


CONTRACT BIDS FOR JANUARY 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN

4.06 - 4.26 12.49 - 12.69  

WESTERN 

 4.12 - 4.24 12.56 - 12.74  

N. CENT.

4.16 - 4.25 12.60 - 12.85  

S. CENTRAL

 4.16 - 4.27 12.61 - 12.88  

WABASH 

4.19 - 4.30 12.81 - 12.95  

W.S. WEST

4.28 - 4.33 12.90 - 13.03  

L. EGYPT

4.15 - 4.24 12.77 - 12.95  

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

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