Interior Iowa Elevator Grain Prices

NW_GR110


Fri. Feb. 8, 2013 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 steady to 2 cents lower for a state average of 7.15.
       
US 1 Yellow Soybean Prices were generally 34 to 35 cents lower for a state average of 14.35.

       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans
                           Range        Avg        Range            Avg
       Northwest        7.14 – 7.26    7.19    14.30 – 14.41      14.36
       North Central    7.14 – 7.19    7.16    14.22 – 14.34      14.31
       Northeast        7.07 – 7.24    7.15    14.16 – 14.45      14.31
       Southwest        7.00 – 7.22    7.15    14.27 – 14.53      14.41
       South Central    7.07 – 7.28    7.12    14.37 – 14.43      14.38
       Southeast        6.93 – 7.15    7.06    14.28 – 14.39      14.35

Corn basis to STATE AVERAGE PRICE for the CBOT Mar contract is + .06
Soybean basis to STATE AVERAGE PRICE for the CBOT Mar contract is -.18

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       
       
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