Interior Iowa Elevator Grain Prices

NW_GR110


Thurs. Jan. 31, 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 1 cent higher for a state average of 7.45.
       
US 1 Yellow Soybean Prices were generally 10 to 11 cents lower for a state average of 14.50.

       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans
                           Range        Avg        Range            Avg
       Northwest        7.42 – 7.58    7.49    14.47 – 14.56      14.51
       North Central    7.38 – 7.49    7.45    14.35 – 14.51      14.57
       Northeast        7.34 – 7.64    7.45    14.32 – 14.58      14.45
       Southwest        7.27 – 7.51    7.43    14.46 – 14.72      14.58
       South Central    7.38 – 7.54    7.43    14.33 – 14.65      14.52
       Southeast        7.25 – 7.49    7.39    14.42 – 14.51      14.47

Corn basis to STATE AVERAGE PRICE for the CBOT Mar contract is + .04
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       
       
16:05 ja

1. Post-tornado composting a solution for disposal of dead livestock
2. Cornell genetic testing process cuts cost by up to 75 percent
3. Angus Foundation receives $28,500 from “The Card Challenge”
4. Commentary: In praise of animal foods
5. 100K Pathogen Genome Project maps first genomes
6. Beef exports depend on quality reputation

1. Michigan hay buyers should plan purchases early
2. New animal identification rules aid disease traceability
3. Corn planting pace turns from record slow to record fast
4. U.S. cattle placements rise in April as feed costs subside
5. Survey reveals most Americans in favor of COOL
6. Corn and soybean prices continue to retrace 2012 drought rally

1. Meat and climate change: How significant is the impact?
2. BeefTalk: How do we get the next generation to raise beef?
3. Commentary: GMOs: How do I hate thee?
4. Survey reveals most Americans in favor of COOL
5. Farm bill and immigration reform action needed
6. Boxed beef hits record highs, cattle weak to lower