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Illinois grain prices in country elevators

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[October 07, 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 10 to 16 cents stronger. Soybean bids were up 30 to 39
cents.

In Central Illinois country grain dealers quoted shelled corn bids were 5 to 10 cents higher. Soybean bids were 33 to 40 cents higher.

In the Southern part of the state, shelled corn bids were up 3 to 5 cents. Soybean bids were 24 to 39 cents stronger. Wheat bids gained 6 to 7 cents.

 

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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

2.89 - 3.03 8.73 - 9.12  

WESTERN 

2.85 - 2.97  8.67 - 8.97  

N. CENT.

2.87 - 3.03 8.96 - 9.32  

S. CENTRAL

2.73 - 3.01 8.96 - 9.42  

WABASH 

2.90 - 2.98 8.92 - 9.02 3.80 - 4.22

W.S. WEST

2.53 - 2.85  8.93 - 9.13 3.17 - 3.56

L. EGYPT

2.88 - 2.98 8.86 - 8.97 3.76 - 4.12

Central Illinois average price

Corn:  2.88 (-44 1/2 Z)
Soybeans:
9.19 (-23 X)

CONTRACT BIDS FOR NEW CROP 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

3.00 - 3.25 9.08 - 9.31  

WESTERN 

2.85 - 3.21 9.16 - 9.40  

N. CENT.

3.02 - 3.24 9.25 - 9.52  

S. CENTRAL

3.09 - 3.25  9.18 - 9.51  

WABASH 

3.10 - 3.28 9.24 - 9.43  

W.S. WEST

3.13 - 3.22  9.53 - 9.65  

L. EGYPT

3.15 - 3.30  9.36 - 9.45  

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

 

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