Illinois grain prices in country elevators

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[February 27, 2020]  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 6 to 7 cents lower. Soybean bids were up 6 to 7 cents.

In Central Illinois country grain dealers quoted shelled corn bids were down 4 to 6 cents. Soybean bids were 5 to 9 cents lower.

In the Southern part of the state, shelled corn bids were 5 to 6 cents lower. Soybean bids were up 5 to 6 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

3.36 - 3.60 8.53 - 8.69  

WESTERN 

3.44 - 3.54 8.56 - 8.81  

N. CENT.

3.51 - 3.66 8.68 - 8.91  

S. CENTRAL

3.53 - 3.74 8.65 - 8.82  

WABASH 

3.69 - 3.78 8.67 - 8.82  

W.S. WEST

3.61 - 3.74 8.83 - 9.01  

L. EGYPT

3.48 - 3.81 8.70 - 9.08  

Central Illinois average price

Corn:   3.62 1/2 (-2 H)
Soybeans:
 8.78 (-8 H)

CONTRACT BIDS FOR FALL 2020 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT** 

NORTHERN

3.42 - 3.53 8.48 - 8.73  

WESTERN 

3.35 - 3.52 8.68 - 8.83  

N. CENT.

3.42 - 3.53 8.63 - 8.88  

S. CENTRAL

3.40 - 3.58 8.65 - 8.80  

WABASH 

3.42 - 3.57 8.68 - 8.73 5.24 - 5.33

W.S. WEST

3.50 - 3.67 8.74 - 9.05 5.39 - 5.48

L. EGYPT

3.36 - 3.71 8.74 - 9.14 5.22 - 5.69

**Wheat bids are for June-July Delivery 2020**

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

 

 

 

   

 

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