USDA-IL Dept of Ag – Market News

grain-cover

Springfield, IL Tue Jul 07, 2020 USDA-IL Dept. of Ag Market News

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 down 3 cents. Soybean bid were mostly 1 to 2 cents lower.

In Central Illinois country grain dealers quoted shelled corn bids were
down 1 to 3 cents. Soybean bids were 3 to 4 cents lower.

In the Southern part of the state, shelled corn bids were steady to a
penny lower. Soybean bids were down 5 to 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     3.08 - 3.34    8.42 - 8.80   -----------        WESTERN      3.23 - 3.34    8.72 - 8.88   -----------        N. CENTRAL   3.18 - 3.31    8.58 - 8.87   -----------   S. CENTRAL   3.22 - 3.43    8.67 - 8.94   -----------                    WABASH       3.39 - 3.48    8.89 - 9.00   4.85 - 4.91W.S. WEST    3.34 - 3.55    8.95 - 9.10   4.95 - 5.04L. Egypt     3.24 - 3.61    8.79 - 9.19   4.84 - 5.04   Central Illinois average price: Corn       3.30 1/2  (-13 U)                                 Soybeans   8.76  (-21 Q)                  CONTRACT BIDS FOR FALL 2020 DELIVERY AREA           CORN          SOYBEANS     **SOFT WHEAT**  NORTHERN     3.17 - 3.28    8.42 - 8.73    ----------      WESTERN      3.14 - 3.27    8.72 - 8.80    ----------     N. CENTRAL   3.17 - 3.25    8.58 - 8.72    ----------S. CENTRAL   3.17 - 3.32    8.59 - 8.91    ----------WABASH       3.18 - 3.30    8.62 - 8.73    ----------W.S. WEST    3.28 - 3.46    8.83 - 9.05    ----------        L.EGYPT      3.15 - 3.51    8.74 - 9.13    ----------          **Wheat bids are for June-July Delivery 2021**