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Illinois grain prices in country elevators

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[February 05, 2014]  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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In Northern and Western Illinois country grain dealers quoted shelled corn bids were 4 to 6 cents higher.

Soybean bids were 20 to 23 cents higher.

In Central Illinois country grain dealers quoted shelled corn bids were 6 to 13 cents higher.

Soybean bids were 26 to 29 cents higher.

In the Southern part of the state, shelled corn bids were 4 to 10 cents higher.

Soybean bids were 18 cents higher.

Wheat bids were 21 to 27 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

4.27 - 4.39 12.79 - 12.87  

WESTERN 

4.21 - 4.33 12.88 - 13.01  

N. CENT.

4.21 - 4.30 12.99 - 13.23  

S. CENTRAL

4.24 - 4.41 12.97 - 13.17  

WABASH 

4.30 - 4.41 13.13 - 13.23 5.70 - 5.89

W.S. WEST

4.31 - 4.37 13.01 - 13.26 5.96 - 6.17

L. EGYPT

4.34 - 4.35 12.95 - 13.20 5.83 - 5.97

Central Illinois average price

Corn:  4.31 (-11 H)
Soybeans:
13.10 (-3 H)


CONTRACT BIDS FOR JANUARY 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

4.19 - 4.25 10.60 - 10.86  

WESTERN 

4.19 - 4.24 10.75 - 10.86  

N. CENT.

4.24 - 4.29 10.75 - 11.00  

S. CENTRAL

4.19 - 4.34 10.74 - 10.96  

WABASH 

4.29 - 4.33 10.76 - 10.86 5.50 - 5.55

W.S. WEST

4.16 - 4.34 10.93 - 11.16  5.73 - 5.75

L. EGYPT

4.28 - 4.34 10.85 - 10.91 5.50 - 5.60

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

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