Interior Iowa Elevator Grain Prices

NW_GR110

Wed. Dec. 12, 2012 IA Dept. of Ag-USDA Market News 

Interior Iowa Daily Grain Prices
       
Closing cash grain bids offered to producers as of 2:30 p.m.
Dollars per bushel, delivered to Interior Iowa Country Elevators.


US 2 Yellow Corn Prices were generally 2 to 3 cents lower for a state average of 7.25.
       
US 1 Yellow Soybean Prices were generally 1 to 2 cents higher for a state average of 14.45.

       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans
                           Range        Avg        Range            Avg
       Northwest        7.27 – 7.40    7.32    14.43 – 14.57      14.49
       North Central    7.15 – 7.27    7.23    14.34 – 14.44      14.42
       Northeast        7.08 – 7.31    7.22    14.26 – 14.46      14.35
       Southwest        7.15 – 7.42    7.28    14.43 – 14.68      14.56
       South Central    7.18 – 7.45    7.27    14.33 – 14.66      14.47
       Southeast        7.08 - 7.27    7.21    14.39 – 14.47      14.42


Corn basis to STATE AVERAGE PRICE for the CBOT Mar contract is -.00
Soybean basis to STATE AVERAGE PRICE for the CBOT Jan contract is -.28

This report was prepared by the Marketing Bureau, Iowa Department of 
Agriculture and Land Stewardship. An audio version is available at
800-383-3755.
       
Source:  USDA Market News Des Moines, Iowa
515-284-4460   www.ams.usda.gov/LSmarketnews
 
       
Iowa Dept. of Agriculture 
515-281-8604                  
www.iowaagriculture.gov/dailygrain.html       
       
16:11 ja

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