Illinois grain prices in country elevators

[March 02, 2015]  SPRINGFIELD — This is Monday's report of the grain prices and trends prepared by the USDA and the Illinois Department of Agriculture.

In Northern and Western Illinois country grain dealers quoted shelled corn bids were down 4 to 5 cents. Soybean bids were 17 to 19 cents lower.

In Central Illinois country grain dealers quoted shelled corn bids were 2 to 4 cents lower. Soybean bids lost 19 cents.

In the Southern part of the state, shelled corn bids were down 3 to 5 cents. Soybean bids dropped 17 to 24 cents. Wheat bids were down 11 to 20 cents.

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	3.58 - 3.74	9.83 - 9.94
WESTERN	3.58 - 3.69	9.90 - 10.02
N. CENT.	3.49 - 3.67	9.88 - 10.16
S. CENTRAL	3.63 - 3.80	9.91 - 10.10
WABASH	3.64 - 3.83	9.97 - 10.17	4.10 - 4.54
W.S. WEST	3.68 - 3.75	10.01 - 10.17	4.56 - 4.87
L. EGYPT	3.77 - 3.79	9.97 - 10.19	4.00 - 4.36

Central Illinois average price

Corn:  3.64 1/2 (-23 1/2 K)
Soybeans: 10.02 (-12 K)

CONTRACT BIDS FOR NEW CROP 2015 DELIVERY

AREA	US 2 CORN	US 1 SOYBEANS	US 2 SOFT WHEAT
NORTHERN	3.73 - 3.83	9.28 - 9.45
WESTERN	3.65 - 3.82	9.35 - 9.46
N. CENT.	3.73 - 3.83	9.49 - 9.66
S. CENTRAL	3.68 - 3.84	9.47 - 9.55
WABASH	3.75 - 3.83	9.50 - 9.55	4.65-4.87
W.S. WEST	3.72 - 3.83	9.33 - 9.54	4.64-4.68
L. EGYPT	3.77 - 3.83	9.27 - 9.55	4.74-4.92

Wheat bids for June-July 2015 delivery

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