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Illinois grain prices in country elevators

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[July 14, 2014]  SPRINGFIELD — This is Monday'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 up 3 to 8 cents.

Soybean bids were mixed.

In Central Illinois country grain dealers quoted shelled corn bids 3 to 6 cents higher.

Soybean bids were 1 to 4 cents higher.

In the Southern part of the state, shelled corn bids was steady to 4 cents higher.

Soybean bids were 1 to 6 cents higher.

Wheat bids were 12 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

3.61 - 3.84 12.41 - 12.77  

WESTERN 

3.79 - 3.86 12.47 - 12.72  

N. CENT.

3.65 - 3.90 12.50 - 12.82  

S. CENTRAL

3.68 - 3.88 12.52 - 12.89  

WABASH 

3.78 - 4.00 12.55 - 12.72 4.92 - 5.03

W.S. WEST

3.87 - 3.97 12.59 - 12.95 4.94 - 5.06

L. EGYPT

3.94 - 4.01 12.57 - 12.73 4.98 - 5.10

Central Illinois average price

Corn:  3.77 1/2 (-4 U)
Soybeans:
12.69 1/2 (+72 1/2 Q)

CONTRACT BIDS FOR NEW CROP 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

3.50 - 3.63 10.51 - 10.66  

WESTERN 

3.56 - 3.63 10.49 - 10.62  

N. CENT.

3.55 - 3.63 10.54 - 10.68  

S. CENTRAL

3.53 - 3.66 10.44 - 10.66  

WABASH 

 3.58 - 3.71 10.61 - 10.68  

W.S. WEST

3.57 - 3.64 10.65 - 10.75  

L. EGYPT

3.63 - 3.68 10.53 - 10.66  

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

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