USDA-IL Dept of Ag – Market News

grain-cover

Springfield, IL Wed Jan 22, 2020 USDA-IL Dept of Ag Market News

This is Wednesday'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 1 to 2 cents higher. Soybean bids were down 1 to 2 cents.

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

In the Southern part of the state, shelled corn bids were 1 to 3 cents
higher. Soybean bids were mostly 2 cents lower.

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     3.59 - 3.79    8.49 - 8.85   -----------        WESTERN      3.59 - 3.76    8.85 - 8.97   -----------        N. CENTRAL   3.75 - 3.90    8.86 - 9.03   -----------   S. CENTRAL   3.76 - 3.96    8.88 - 9.01   -----------                    WABASH       3.94 - 4.03    8.94 - 8.99   -----------W.S. WEST    3.83 - 3.93    8.99 - 9.17   -----------          L. Egypt     3.65 - 4.02    8.86 - 9.27   -----------   Central Illinois average price: Corn       3.85 1/2 (-3 1/2 H)                                 Soybeans   8.94 1/2 (-19 1/2 H)                  CONTRACT BIDS FOR MAR 2020 DELIVERY  AREA           CORN         SOYBEANS     **SOFT WHEAT**  NORTHERN     3.63 - 3.84    8.49 - 8.80    ----------      WESTERN      3.63 - 3.80    8.74 - 8.99    ----------     N. CENTRAL   3.77 - 3.93    8.84 - 9.02    ----------     S. CENTRAL   3.79 - 4.00    8.87 - 9.03    ----------WABASH       3.97 - 4.05    9.00 - 9.02    5.57 - 5.77W.S. WEST    3.87 - 4.02    9.00 - 9.17    5.82 - 6.02        L.EGYPT      3.71 - 4.08    8.86 - 9.24    5.70 - 6.17          **Wheat bids are for June-July Delivery 2020**