Interior Iowa Elevator Grain Prices

NW_GR110

Wed. May 2, 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 16 to 18 cents lower for a state average of 6.13.
       
US 1 Yellow Soybean Prices were generally 18 to 19 cents lower for a state average of 14.34.

       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans
                           Range        Avg        Range            Avg
       Northwest        6.03 – 6.17    6.11    14.30 – 14.35      14.32
       North Central    6.02 – 6.14    6.09    14.19 – 14.30      14.27
       Northeast        5.97 – 6.32    6.15    14.24 – 14.61      14.38
       Southwest        6.03 – 6.22    6.11    14.30 – 14.47      14.36
       South Central    6.06 – 6.21    6.12    14.27 – 14.46      14.32
       Southeast        6.18 – 6.43    6.26    14.33 – 14.65      14.54


Corn basis to STATE AVERAGE PRICE for the CBOT Jul contract is +.02
Soybean basis to STATE AVERAGE PRICE for the CBOT Jul contract is -.51

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 bl

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6. Fire kills 17 calves at Idaho farm

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2. Commentary: Slanting the statistics
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