STAT Communications Ag Market News

Illinois Grain Prices at Country Elevator

SPRINGFIELD - Feb 4/16 - SNS -- Corn, soybean, wheat and sorghum bids compiled by the USDA and Illinois Department of Agriculture.

Illinois Grain Prices in Country Elevators
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. today 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. CENTRAL   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           CORN         SOYBEANS     **SOFT WHEAT**
NORTHERN     3.51 - 3.61    8.38 - 8.53     ---------
WESTERN      3.56 - 3.66    8.42 - 8.68     ---------
N. CENTRAL   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
EGYPT        3.60 - 3.71    8.48 - 8.63    4.52 - 4.57
**Wheat bids are for June-July 2016 delivery**
Source: USDA-IL Dept of Ag Market News, Springfield, IL

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