Interior Iowa Elevator Grain Prices

NW_GR110

Fri. May 4, 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 5 to 13 cents higher for a state average of 6.27.
       
US 1 Yellow Soybean Prices were generally 4 to 7 cents higher for a state average of 14.28.

       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans
                           Range        Avg        Range            Avg
       Northwest        6.13 – 6.30    6.24    14.21 – 14.29      14.25
       North Central    6.17 – 6.33    6.23    14.12 – 14.28      14.21
       Northeast        6.15 – 6.51    6.33    14.17 – 14.52      14.33
       Southwest        6.13 – 6.32    6.20    14.22 – 14.40      14.30
       South Central    6.15 – 6.40    6.24    14.20 – 14.43      14.25
       Southeast        6.34 – 6.51    6.42    14.26 – 14.56      14.46


Corn basis to STATE AVERAGE PRICE for the CBOT Jul contract is +.06
Soybean basis to STATE AVERAGE PRICE for the CBOT Jul 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       
       
16:22 hh

1. Producers should examine pastures for post-tornado debris
2. Ag markets posted a general advance mid-day Wednesday
3. Former Eastern Livestock CEO, CFO sentenced for federal crimes
4. TSCRA works with sale barns to catch Houston cattle thief
5. Mexico says U.S. not respecting WTO ruling on meat labeling
6. Vance Publishing's 40 under 40

1. Michigan hay buyers should plan purchases early
2. Post-tornado composting a solution for disposal of dead livestock
3. New animal identification rules aid disease traceability
4. Seven jobs more dangerous than farming
5. Drought losses in Oklahoma top $400 million for 2012
6. Survey reveals most Americans in favor of COOL

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