Interior Iowa Elevator Grain Prices

NW_GR110


Thurs. Jan. 31, 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 steady to 1 cent higher for a state average of 7.45.
       
US 1 Yellow Soybean Prices were generally 10 to 11 cents lower for a state average of 14.50.

       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans
                           Range        Avg        Range            Avg
       Northwest        7.42 – 7.58    7.49    14.47 – 14.56      14.51
       North Central    7.38 – 7.49    7.45    14.35 – 14.51      14.57
       Northeast        7.34 – 7.64    7.45    14.32 – 14.58      14.45
       Southwest        7.27 – 7.51    7.43    14.46 – 14.72      14.58
       South Central    7.38 – 7.54    7.43    14.33 – 14.65      14.52
       Southeast        7.25 – 7.49    7.39    14.42 – 14.51      14.47

Corn basis to STATE AVERAGE PRICE for the CBOT Mar contract is + .04
Soybean basis to STATE AVERAGE PRICE for the CBOT Mar contract is -.19

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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