Interior Iowa Elevator Grain Prices

NW_GR110

Mon. April 23, 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 9 to 11 cents higher for a state average of 6.05.
       
US 1 Yellow Soybean Prices were mostly 10 cents lower for a state average of 13.88.

       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans
                           Range        Avg        Range            Avg
       Northwest        6.00 – 6.18    6.07    13.82 – 13.89      13.85
       North Central    5.99 – 6.10    6.03    13.72 – 13.86      13.81
       Northeast        5.89 – 6.15    6.03    13.77 – 14.14      13.91
       Southwest        5.97 – 6.17    6.08    13.82 – 14.02      13.92
       South Central    5.99 – 6.20    6.08    13.77 – 13.97      13.83
       Southeast        6.06 – 6.19    6.10    13.83 – 14.21      14.07


Corn basis to STATE AVERAGE PRICE for the CBOT May contract is -.17
Soybean basis to STATE AVERAGE PRICE for the CBOT May contract is -.50

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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