Illinois grain prices in country elevators

[February 04, 2016]  SPRINGFIELD — This is Thursday'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 2 cents lower. Soybean bids were down 3 cents.

In Central Illinois country grain dealers quoted shelled corn bids were 2 cents lower. Soybean bids were down 2 to 3 cents.

In the Southern part of the state, shelled corn bids were down 3 cents.  Soybean bids were 2 to 3 cents lower. Wheat bids dropped 7 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	3.45 - 3.59	8.36 - 8.59
WESTERN	3.47 - 3.63	8.51 - 8.72
N. CENT.	3.53 - 3.65	8.51 - 8.80
S. CENTRAL	3.52 - 3.72	8.58 - 8.68
WABASH	3.72 - 3.82	8.67 - 8.73	4.18 - 4.35
W.S. WEST	3.56 - 3.63	8.63 - 8.72	3.73 - 4.18
L. EGYPT	3.75 - 3.79	8.69 - 8.77	4.03 - 4.19

Central Illinois average price

Corn:  3.62 (-6 1/2 H)
Soybeans: 8.65 1/2 (-9 H)

CONTRACT BIDS FOR OCT/NOV 2016 DELIVERY

AREA	US 2 CORN	US 1 SOYBEANS	US 2 SOFT WHEAT
NORTHERN	3.51 - 3.61	8.38 - 8.53
WESTERN	3.56 - 3.66	8.42 - 8.68
N. CENT.	3.56 - 3.63	8.51 - 8.60
S. CENTRAL	3.58 - 3.71	8.46 - 8.58
WABASH	3.61 - 3.68	8.46 - 8.63	4.45 - 4.57
W.S. WEST	3.37 - 3.71	8.38 - 8.60	4.37 - 4.44
L. EGYPT	3.60 - 3.71	8.48 - 8.63	4.52 - 4.57

Wheat bids for June-July 2016 delivery

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