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Illinois grain prices in country elevators

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[January 09, 2014]  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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In Northern and Western Illinois country grain dealers quoted shelled corn bids were 8 to 12 cents lower at 3.89-4.13.

Soybean bids were 5 to 8 cent lower at 12.48-12.71.

In Central Illinois country grain dealers quoted shelled corn bids were 3 to 8 cents lower at 3.94-4.16.

Soybean bids were mixed at 12.64-13.03.

In the Southern part of the state, shelled corn bids were 9 to 17 cents lower at 3.97-4.09.

Soybean bids were 1 to 7 cents lower at 12.75-13.25.

Wheat bids were sharply lower at 5.84-5.96.

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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

3.89 - 4.13 12.48 - 12.71  

WESTERN 

4.02 - 4.12 12.58 - 12.69  

N. CENT.

3.94 - 4.02 12.68 - 12.99  

S. CENTRAL

3.99 - 4.16 12.64 - 13.03  

WABASH 

4.05 - 4.15 12.75 - 12.99 5.74 - 5.80

W.S. WEST

4.06 - 4.27 13.03 - 13.25 6.11 - 6.17

L. EGYPT

3.97 - 4.09 12.95 - 13.00 5.84 - 5.96

Central Illinois average price

Corn:  4.05 (-12 H)
Soybeans:
12.83 1/2 (+ 14 1/2 H)


CONTRACT BIDS FOR JANUARY 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

4.03 - 4.16 10.53 - 10.79  

WESTERN 

4.01 - 4.11 10.59 - 10.82  

N. CENT.

4.06 - 4.16 10.67 - 10.87  

S. CENTRAL

4.06 - 4.29 10.64 - 10.91  

WABASH 

4.11 - 4.26 10.69 - 10.84 5.59 - 5.69

W.S. WEST

4.02 - 4.16 10.83 - 11.03 5.62 - 5.64

L. EGYPT

4.15 - 4.21 10.73 - 10.84 5.55 - 5.69

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

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