Interior Iowa Elevator Grain Prices

NW_GR110

Mon. April 30, 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 8 to 11 cents higher for a state average of 6.32.
       
US 1 Yellow Soybean Prices were mostly 12 cents higher for a state average of 14.55.

       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans
                           Range        Avg        Range            Avg
       Northwest        6.22 – 6.39    6.30    14.48 – 14.55      14.51
       North Central    6.23 – 6.36    6.27    14.40 – 14.51      14.70
       Northeast        6.19 – 6.51    6.36    14.42 – 14.52      14.58
       Southwest        6.19 – 6.42    6.30    14.48 – 14.68      14.56
       South Central    6.23 – 6.42    6.30    14.47 – 14.67      14.51
       Southeast        6.34 – 6.52    6.41    14.52 – 14.89      14.79


Corn basis to STATE AVERAGE PRICE for the CBOT May contract is -.29
Soybean basis to STATE AVERAGE PRICE for the CBOT May contract is -.48

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       
       
16:36 ja

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