Illinois grain prices in country elevators

[January 30, 2016]  SPRINGFIELD — This is Friday'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 6 to 7 cents higher. Soybean bids were up 14 to 15 cents.

In Central Illinois country grain dealers quoted shelled corn bids were 6 cents higher. Soybean bids were up 12 to 13 cents.

In the Southern part of the state, shelled corn bids were up 6 cents.  Soybean bids gained 9 to 15 cents. Wheat bids were 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	3.46 - 3.62	8.47 - 8.67
WESTERN	3.49 - 3.66	8.56 - 8.82
N. CENT.	3.57 - 3.68	8.64 - 8.89
S. CENTRAL	3.59 - 3.77	8.64 - 8.85
WABASH	3.75 - 3.84	8.77 - 8.84	4.22 - 4.30
W.S. WEST	3.61 - 3.67	8.74 - 8.94	3.79 - 4.22
L. EGYPT	3.75 - 3.82	8.72 - 8.87	4.09 - 4.25

Central Illinois average price

Corn:  3.67 (-5 H)
Soybeans: 8.76 1/2 (-5 1/2 H)

CONTRACT BIDS FOR MARCH 2016 DELIVERY

AREA	US 2 CORN	US 1 SOYBEANS	US 2 SOFT WHEAT
NORTHERN	3.45 - 3.59	8.59 - 8.68
WESTERN	3.50 - 3.68	8.58 - 8.82
N. CENT.	3.57 - 3.68	8.59 - 8.82
S. CENTRAL	3.62 - 3.77	8.59 - 8.74
WABASH	3.76 - 3.87	8.77 - 8.82	4.47 - 4.66
W.S. WEST	3.61 - 3.67	8.74 - 8.83	4.44 - 4.53
L. EGYPT	3.78 - 3.85	8.80 - 8.82	4.61 - 4.66

Wheat bids for June-July 2016 delivery

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