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Illinois grain prices in country elevators

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[July 24, 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 3 to 7 cents higher.

Soybean bids were 11 to 19 cents higher.

In Central Illinois country grain dealers quoted shelled corn bids were 2 to 9 cents higher.

Soybean bids were mixed.

In the Southern part of the state, shelled corn bids were 3 to 5 cents higher.

Soybean bids were 17 cents higher.

Wheat bids were mostly 7 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

3.51 - 3.65 12.21 - 12.54  

WESTERN 

3.57 - 3.61 12.31 - 12.66  

N. CENT.

3.46 - 3.62 12.61 - 12.81  

S. CENTRAL

3.54 - 3.79 12.32 - 12.62  

WABASH 

3.59 - 3.73 12.43 - 12.51 4.78 - 4.91

W.S. WEST

3.69 - 3.90 12.55 - 12.67  4.56 - 4.72

L. EGYPT

3.67 - 3.83 12.41 - 12.47 4.76 - 4.81

Central Illinois average price

Corn:  3.62 1/2 (0 U)
Soybeans:
12.56 1/2 (+55 1/2 Q)

CONTRACT BIDS FOR NEW CROP 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

3.33 - 3.38 10.41 - 10.52  

WESTERN 

3.38 - 3.51 10.40 - 10.54  

N. CENT.

3.35 - 3.43 10.42 - 10.61  

S. CENTRAL

3.36 - 3.44 10.44 - 10.60  

WABASH 

3.41 - 3.53 10.47 - 10.59  

W.S. WEST

3.36 - 3.47 10.62 - 10.69  

L. EGYPT

3.45 - 3.51 10.49 - 10.55  

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

 

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