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Illinois grain prices in country elevators

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[September 19, 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 mostly higher on Wednesday afternoon.

Wheat futures were given a boost from an increase in export interest.

Wednesday, the USDA announced the sale of 1.93 million metric tonnes of US soybeans to China, plus another 182,000 tonnes of US soybeans to an unknown destination.

In Northern and Western Illinois country grain dealers quoted shelled corn bids were mostly 3 to 4 cents higher at 4.41-4.63.

Soybean bids were mixed at 13.24-13.53.

In Central Illinois country grain dealers quoted shelled corn bids were down 13 to 18 cents at 4.32-4.56.

Soybean bids were 19 to 20 cents lower at 13.30-13.73.

In the Southern part of the state, shelled corn bids were mostly 2 cents higher at 4.36-4.78.

Soybean bids were 10 to 35 cents lower at 13.27-13.61.

Wheat bids were 3 to 4 cents higher at 5.94-6.15.
 


 

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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

 4.60 - 4.63 13.24 - 13.33  

WESTERN 

4.41 - 4.61 13.37 - 13.53  

N. CENT.

4.32 - 4.48 13.30 - 13.42  

S. CENTRAL

 4.44 - 4.56 13.65 - 13.73  

WABASH 

4.41 - 4.56 13.27 - 13.43 6.04 - 6.15

W.S. WEST

4.44 - 4.78 13.42 - 13.61 6.02 - 6.15

L. EGYPT

4.36 - 4.47 13.27 - 13.31 5.94 - 6.04

Central Illinois average price

Corn:  4.44 (-12 Z)
Soybeans:
13.51 1/2 (+ 4 X)


CONTRACT BIDS FOR JANUARY 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN

4.36 - 4.42 13.18 - 13.34  

WESTERN 

4.31 - 4.43 13.32 - 13.46  

N. CENT.

4.38 - 4.51 13.33 - 13.44  

S. CENTRAL

4.47 - 4.52 13.45 - 13.52  

WABASH 

4.44 - 4.54 13.39 - 13.55  

W.S. WEST

 4.50 - 4.62 13.56 - 13.69  

L. EGYPT

4.48 - 4.60 13.45 - 13.55  

***June/July 2013 delivery
 

Cent. Ill. Average Price at Country Elevators

Week of

9/12/2013

9/5/2013 

  Price--Basis Price--Basis

Corn

4.94 1/2 +28Z

5.46 +85Z

Soybeans

14.83 +87X

14.96 +129X

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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