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Illinois grain prices in country elevators

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[September 04, 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 mixed on Tuesday afternoon.

Continued dry weather over large parts of the soybean growing areas continued to support soybean values.

In Northern and Western Illinois country grain dealers quoted shelled corn bids were 20 to 27 cents lower at 5.50-5.75.

Soybean bids were steady to 17 cents higher at 14.47-14.76.

In Central Illinois country grain dealers quoted shelled corn bids were 13 to 17 cents lower at 5.58-5.91.

Soybean bids were 25 to 30 cents higher at 15.05-15.26.

In the Southern part of the state, shelled corn bids were sharply lower at 4.83-5.60.

Soybean bids were 10 to 30 cents higher at 14.47-14.67.

Wheat bids were 6 to 8 cents lower at 6.00-6.24.
 


 

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

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

5.60 - 5.75 14.60 - 14.75  

WESTERN 

5.50 - 5.75  14.47 - 14.76  

N. CENT.

5.85 - 5.91 15.05 - 15.26  

S. CENTRAL

5.58 - 5.75 15.14 - 15.22  

WABASH 

5.23 - 5.60 14.55 - 14.67 6.00 - 6.15

W.S. WEST

4.83 - 5.10 14.47 - 14.65 6.23 - 6.24

L. EGYPT

5.00 - 5.15 14.57 - 14.67  6.02 - 6.07

Central Illinois average price

Corn:  5.74 1/2 (+ 99 Z)
Soybeans:
15.15 1/2 (+129 X)


CONTRACT BIDS FOR NEW CROP 2013 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN

4.48 - 4.60 13.50 - 13.72  

WESTERN 

4.48 - 4.58 13.49 - 13.61  

N. CENT.

4.49 - 4.62 13.54 - 13.70  

S. CENTRAL

4.49 - 4.61 13.63 - 13.75  

WABASH 

4.50 - 4.60 13.62 - 13.72  

W.S. WEST

4.51 - 4.62 13.72 - 13.95  

L. EGYPT

4.49 - 4.55 13.64 - 13.72  

***June/July 2013 delivery
 

Cent. Ill. Average Price at Country Elevators

Week of

8/29/2013

8/22/2013

  Price--Basis Price--Basis

Corn

5.98 1/2 +100U 

6.22 1/2 +135U

Soybeans

14.96 +128X

14.12 1/2 +126X

Annual Comparison

 

July 2013 

August 2012

  Price--Basis Price--Basis

Corn

6.60 1/2 +132U

8.15 +11 1/2U

Soybeans

15.19 +85 1/2Q

17.09 +44 1/2X

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

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