Illinois grain prices in country elevators

[January 12, 2016]  SPRINGFIELD — This is Tuesday'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 5 cents higher. Soybean bids were up 13 to 14 cents.

In Central Illinois country grain dealers quoted shelled corn bids were up 5 cents. Soybean bids were 14 to 16 cents higher.

In the Southern part of the state, shelled corn bids were up 5 to 6 cents. Soybean bids advanced 15 to 20 cents. Wheat bids were 12 to 13 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	3.31 - 3.48	8.44 - 8.76
WESTERN	3.34 - 3.48	8.49 - 8.73
N. CENT.	3.35 - 3.51	8.60 - 8.84
S. CENTRAL	3.41 - 3.60	8.61 - 8.86
WABASH	3.54 - 3.69	8.70 - 8.77	4.20 - 4.32
W.S. WEST	3.44 - 3.49	8.80 - 8.95	3.81 - 4.17
L. EGYPT	3.62 - 3.67	8.75 - 8.80	3.96 - 4.01

Central Illinois average price

Corn:  3.50 1/2 (-6 1/2 H)
Soybeans:  8.73 (-1 1/2 H)

CONTRACT BIDS FOR MARCH 2016 DELIVERY

AREA	US 2 CORN	US 1 SOYBEANS	US 2 SOFT WHEAT
NORTHERN	3.32 - 3.50	8.44 - 8.58
WESTERN	3.34 - 3.49	8.50 - 8.74
N. CENT.	3.38 - 3.49	8.56 - 8.75
S. CENTRAL	3.43 - 3.60	8.51 - 8.75
WABASH	3.63 - 3.73	8.70 - 8.75	4.50 - 4.68
W.S. WEST	3.46 - 3.51	8.67 - 8.76	4.52 - 4.53
L. EGYPT	3.63 - 3.70	8.73 - 8.75	4.66 - 4.68

Wheat bids for June-July 2016 delivery

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