ILLINOIS GRAIN PRICES: Corn and Soybeans Show Modest Gains Ahead of July Markets

Marisol Vega
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ILLINOIS GRAIN PRICES Corn and Soybeans Show Modest Gains Ahead of July Markets

ILLINOIS — Grain prices across Illinois showed modest movement on June 30, 2025, according to the latest report from the USDA’s Agricultural Marketing Service. Corn and soybean bids reflected small gains and continued regional variation as growers brace for the mid-summer market shift and weather-related uncertainties.

Corn Bids Edge Higher

According to the USDA’s Illinois Grain Bids report, the average bid for corn at central Illinois country elevators reached $4.02 per bushel, a slight increase over previous days. That puts prices about 18 cents under the September contract price on the CBOT.

  • USDA Futures for corn closed at:

    • $420.50 (Jul 25)

    • $409.25 (Sep 25)

    • $425.50 (Dec 25)

In North Central Illinois, current delivery bids ranged between $3.91 and $4.06, while Southwest bids varied more widely from $3.84 to $4.27 depending on basis contracts. Notably, western regions like Little Egypt posted strong bids up to $4.38, marking the highest range statewide.

The strongest gains came from processors in Chicago and central mills, where offers pushed as high as $4.46 per bushel.

Soybean Prices Dip But Hold Above $9.90

Illinois soybeans averaged $9.98 per bushel, with the bulk of bids coming from North and Central Illinois processors. The figure remains 26 cents below the November futures price, which settled at $1,027 per bushel.

Current USDA futures closed at:

  • $1024.25 (Jul 25)

  • $1027.00 (Nov 25)

  • $1066.00 (May 26)

By region:

  • North Central bids ranged from $9.80 to $10.24

  • Southwest areas reported a similar range at $9.94 to $10.25

  • The Chicago market continued to offer top-tier rates, posting bids from $10.19 to $10.49

Little Egypt showed the most volatility with bids spanning from $9.94 to $10.39, while terminal elevators along the Mississippi River offered slightly above-average prices, including $10.41 in some areas.

Wheat and Oats See Minor Movement

In addition to corn and soybeans, wheat also saw marginal shifts:

  • Soft red winter wheat bids in Southwest Illinois hovered around $5.05, with Chicago terminals slightly higher at $5.31

  • White oats, meanwhile, remained steady at around $3.86 on July contracts

Market Factors at Play

The USDA data highlights freight delivery timelines, weather impacts, and export competitiveness as key influences on this week’s bid ranges. Grain elevators are adjusting basis spreads based on expectations for summer rainfall, export demand from Gulf ports, and early harvest quality assessments.

Soybean bids in particular have dipped slightly in response to international stockpiling and competition from Brazil’s bumper crop.

Are you a farmer or ag trader in Illinois noticing changes in local elevator bids? How are recent weather conditions or input costs affecting your yield and strategy? Share your thoughts and market experience in the comments on ChicagoSuburbanFamily.com.

Marisol Vega

Marisol Vega

Marisol writes about how city decisions affect everyday people. From housing and schools to city programs, she breaks down the news so it’s easy to understand. Her focus is helping readers know what’s changing and how it matters to them.

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