Interior Iowa Elevator Grain Prices

NW_GR110

Wed. Nov. 14, 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 2 to 3 cents higher for a state average of 7.26.
       
US 1 Yellow Soybean Prices were mostly 11 cents higher for a state average of 13.88.


       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans
                           Range        Avg        Range            Avg
       Northwest        7.24 – 7.44    7.31    13.84 – 14.02      13.91
       North Central    7.17 – 7.29    7.23    13.74 – 13.96      13.84
       Northeast        7.01 – 7.43    7.25    13.69 – 14.05      13.82
       Southwest        7.13 – 7.41    7.27    13.84 – 14.04      13.94
       South Central    7.18 – 7.31    7.23    13.79 – 14.04      13.85
       Southeast        7.13 – 7.37    7.27    13.81 – 14.02      13.96


Corn basis to STATE AVERAGE PRICE for the CBOT Dec contract is - .00
Soybean basis to STATE AVERAGE PRICE for the CBOT Jan contract is -.31

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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