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Illinois grain prices in country elevators

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[August 01, 2014]  SPRINGFIELD — This is Thursday's report of the grain prices and trends prepared by the USDA and the Illinois Department of Agriculture.

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In Northern and Western Illinois country grain dealers quoted shelled corn bids were down 1 to 5 cents.

Soybean bids were 4 to 27 cents lower.

In Central Illinois country grain dealers quoted shelled corn bids were down 5 cent.

Soybean bids were 4 to 8 cents lower.

In the Southern part of the state, shelled corn bids were mostly 5 cents lower.

Soybean bids were up 4 cents.

Wheat bids were 3 to 4 cents higher.

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

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

3.49 - 3.64 11.93 - 12.50  

WESTERN 

3.52 - 3.57 12.28 - 12.65  

N. CENT.

3.42 - 3.51 12.44 - 12.82  

S. CENTRAL

3.44 - 3.65 12.27 - 12.75  

WABASH 

3.53 - 3.67 12.52 - 12.75 4.83 - 4.91

W.S. WEST

3.42 - 3.69 12.27 - 12.45 4.50 - 4.65

L. EGYPT

3.61 - 3.72 12.23 - 12.67 4.70 - 4.80

Central Illinois average price

Corn:  3.53 1/2 (-3 1/2 U)
Soybeans:
12.54 1/2 (+30 Q)

CONTRACT BIDS FOR NEW CROP 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

3.29 - 3.42 10.47 - 10.56  

WESTERN 

3.32 - 3.38 10.42 - 10.62  

N. CENT.

3.31 - 3.38 10.51 - 10.67  

S. CENTRAL

3.27 - 3.40 10.47 - 10.71  

WABASH 

3.35 - 3.49 10.52 - 10.64  

W.S. WEST

3.27 - 3.44 10.56 - 10.71  

L. EGYPT

3.37 - 3.47 10.57 - 10.60  

[Text copied from USDA-Illinois Department of Agriculture Market News, Springfield]

 

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