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Illinois grain prices in country elevators

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[May 14, 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 9 cents higher.

Soybean bids were 22 to 26 cents higher.

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

Soybean bids were 18 to 19 cents higher.

In the Southern part of the state, shelled corn bids were 2 to 4 cents higher. Soybean bids were 19 to 24 cents higher.

Wheat bids were 6 cents lower.

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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

4.73 - 4.93 14.66 - 14.94  

WESTERN 

4.85 - 5.00 14.66 - 14.87  

N. CENT.

4.70 - 4.85 14.84 - 15.04  

S. CENTRAL

4.80 - 4.99 14.84 - 15.04  

WABASH 

4.82 - 4.95 14.95 - 15.05 6.75 - 6.80

W.S. WEST

4.97 - 5.05 14.76 - 14.95 6.99 - 7.06

L. EGYPT

4.96 - 5.03 14.99 - 15.05 6.75 - 6.89

Central Illinois average price

Corn:  4.84 1/2 (-18 1/2 N)
Soybeans:
14.94 (+10 N)

CONTRACT BIDS FOR JANUARY 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

4.55 - 4.70 11.84 - 11.94  

WESTERN 

4.57 - 4.67 11.82 - 11.98  

N. CENT.

4.61 - 4.70 11.87 - 11.96  

S. CENTRAL

4.58 - 4.75 11.85 - 11.99  

WABASH 

4.63 - 4.75 11.87 - 12.04 6.80 - 6.90

W.S. WEST

4.65 - 4.70 11.89 - 12.11 6.94 - 7.00

L. EGYPT

 4.65 - 4.70 11.81 - 12.04 6.75 - 6.89

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

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