Interior Iowa Elevator Grain Prices

NW_GR110

Fri. Dec. 7, 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 14 to 15 cents lower for a state average of 7.34.
       
US 1 Yellow Soybean Prices were mostly 19 cents lower for a state average of 14.42.

       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans
                           Range        Avg        Range            Avg
       Northwest        7.31 – 7.49    7.43    14.42 – 14.56      14.48
       North Central    7.27 – 7.39    7.34    14.32 – 14.42      14.39
       Northeast        7.18 – 7.43    7.29    14.24 – 14.45      14.34
       Southwest        7.24 – 7.53    7.37    14.42 – 14.58      14.49
       South Central    7.28 – 7.45    7.35    14.32 – 14.60      14.43
       Southeast        7.19 - 7.31    7.27    14.29 – 14.46      14.38


Corn basis to STATE AVERAGE PRICE for the CBOT Mar contract is -.03
Soybean basis to STATE AVERAGE PRICE for the CBOT Jan contract is -.30

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       
       
16:28 ja

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