Interior Iowa Elevator Grain Prices

NW_GR110


Tues. Feb. 5, 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 5 cents lower for a state average of 7.34.
       
US 1 Yellow Soybean Prices were generally 6 to 7 cents higher for a state average of 14.78.

       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans
                           Range        Avg        Range            Avg
       Northwest        7.32 – 7.44    7.39    14.73 – 14.84      14.78
       North Central    7.31 – 7.37    7.34    14.63 – 14.77      14.74
       Northeast        7.24 – 7.44    7.34    14.62 – 14.95      14.76
       Southwest        7.16 – 7.39    7.33    14.68 – 14.96      14.84
       South Central    7.27 – 7.45    7.32    14.60 – 14.91      14.79
       Southeast        7.13 – 7.51    7.31    14.72 – 14.85      14.79

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 -.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       
       
16:21 ja

1. ERS ag research counts
2. Ag commodities seemed directionless Wednesday morning
3. U.S. wheat conditions well below average
4. Post-tornado composting a solution for disposal of dead livestock
5. Cornell genetic testing process cuts costs by up to 75 percent
6. Angus Foundation receives $28,500 from “The Card Challenge”

1. Michigan hay buyers should plan purchases early
2. New animal identification rules aid disease traceability
3. Post-tornado composting a solution for disposal of dead livestock
4. Seven jobs more dangerous than farming
5. Drought losses in Oklahoma top $400 million for 2012
6. Corn and soybean prices continue to retrace 2012 drought rally

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