Interior Iowa Elevator Grain Prices

NW_GR110


Mon. Feb. 4, 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 mostly 2 cents lower for a state average of 7.39.
       
US 1 Yellow Soybean Prices were mostly 15 cents higher for a state average of 14.70.

       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans
                           Range        Avg        Range            Avg
       Northwest        7.39 – 7.49    7.43    14.66 – 14.78      14.72
       North Central    7.32 – 7.44    7.40    14.56 – 14.71      14.68
       Northeast        7.29 – 7.49    7.39    14.55 – 14.78      14.67
       Southwest        7.21 – 7.44    7.37    14.62 – 14.85      14.76
       South Central    7.32 – 7.47    7.36    14.54 – 14.79      14.71
       Southeast        7.19 – 7.51    7.36    14.64 – 14.78      14.70

Corn basis to STATE AVERAGE PRICE for the CBOT Mar contract is + .05
Soybean basis to STATE AVERAGE PRICE for the CBOT Mar contract is -.19

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       
       
16:27 ja

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