Updated Daily — USDA AMS

Mattoon, IL Grain Cash Bids

Compare local elevator bids for corn, soybeans, and wheat near Mattoon, Coles County.

Today's Cash Bids Near Mattoon, IL

Corn (CBOT Dec)
$4.82
Basis: −$0.18
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Soybeans (CBOT Nov)
$10.41
Basis: −$0.24
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Wheat (CBOT Jul)
$5.12
Basis: −$0.28
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Illinois State Avg
$4.76
Corn
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Local Elevator Market Context — Mattoon

East-central Illinois grain market — Coles County is deep in Illinois's corn and soybean belt. Proximity to ADM Decatur processor and Embarras River drainage. Eastern Illinois University extension covers local market data.

Mattoon sits in Coles County — one of Illinois's top soybean production counties. ADM Decatur's massive processor complex is close enough to be the primary pricing reference. Bids here often track Decatur crush spread directly. When ADM runs hard, Mattoon soy bids lead east-central Illinois.

Cash bids for Mattoon area elevators are reported to USDA AMS through the Illinois Daily Grain Report. GrainBrief pulls this data every morning at 6:00 AM CT. Sign up free to see the current bid and historical basis chart for Mattoon.

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Understanding Mattoon Grain Basis

Grain basis is the difference between the local elevator cash bid and the nearby CBOT futures contract. For Mattoon, Coles County, the basis reflects transportation costs to export terminals, local supply and demand balance, and elevator margin.

A strengthening basis (moving toward zero or positive) means local demand is increasing relative to futures — elevators are bidding more aggressively for your grain. A weakening basis means local supply is ample or export demand has softened.

Factors that affect Mattoon area basis include: proximity to river export terminals, local processor demand (ethanol, crush, livestock feeding), seasonal harvest pressure, and freight costs from this location to terminal markets.

Basis SignalWhat It MeansMarketing Implication
Basis narrows (strengthens) Local demand exceeding local supply; elevator bidding up Good time to sell — local pricing is strong relative to futures
Basis widens (weakens) Local supply ample; elevator has less urgency to buy Consider storing if carry is positive on futures — wait for demand signal
Basis vs. 5-yr average Compare current basis to historical seasonal pattern If current basis is stronger than average, seasonal advantage may not persist

Market Signals Affecting Mattoon Bids

CFTC COT — Managed Money
USDA Export Sales Pace
Ethanol Crush Margin
Soybean Crush Margin

More Illinois Grain Price Pages

Frequently Asked Questions — Mattoon Cash Bids

Where does GrainBrief get Mattoon cash bid data?

GrainBrief pulls daily grain cash bid data from USDA Agricultural Marketing Service (AMS) via their MARS API. The Illinois Daily Grain Report covers elevator bids reported throughout the state each morning. This is the same underlying data used by DTN, Barchart, and other commercial grain data providers.

How often is the Mattoon data updated?

GrainBrief ingests USDA AMS data daily at 6:00 AM CT. USDA typically publishes Illinois grain bids between 9:00 AM and noon local time. Create a free account to get email alerts when new bids are posted.

Can I submit a bid I heard at my local elevator?

Yes — use the What's Your Bid? form to anonymously submit your local elevator's cash bid. Your submission helps other farmers in Coles County and surrounding areas benchmark whether they're getting a competitive price. No sign-in required and your IP address is never stored.

Page reviewed: 2026-06-03 Topic: mattoon illinois cash bids Sources: USDA AMS, local elevator bid context, futures basis relationships, freight, storage, and GrainBrief source-health checks

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