Interior Iowa Elevator Grain Prices

NW_GR110


Wed. Jan. 23, 2013 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 7 to 8 cents lower for a state average of 7.23.
       
US 1 Yellow Soybean Prices were mostly 15 cents lower for a state average of 14.20.

       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans
                           Range        Avg        Range            Avg
       Northwest        7.20 – 7.36    7.29    14.16 – 14.25      14.20
       North Central    7.13 – 7.29    7.24    14.07 – 14.19      14.17
       Northeast        7.14 – 7.33    7.22    14.02 – 14.28      14.15
       Southwest        7.07 – 7.33    7.23    14.23 – 14.45      14.32
       South Central    7.16 – 7.28    7.20    14.19 – 14.37    14.23
       Southeast        7.06 – 7.29    7.19    14.08 – 14.23      14.18

Corn basis to STATE AVERAGE PRICE for the CBOT Mar contract is + .02
Soybean basis to STATE AVERAGE PRICE for the CBOT Mar contract is -.17

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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