Interior Iowa Elevator Grain Prices

NW_GR110


Tues. Jan. 15, 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 5 to 7 cents higher for a state average of 7.32.
       
US 1 Yellow Soybean Prices were mostly 4 to 5 cents lower for a state average of 13.97.

       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans
                           Range        Avg        Range            Avg
       Northwest        7.35 – 7.47    7.39    13.92 – 14.03      13.97
       North Central    7.20 – 7.36    7.32    13.84 – 13.96      13.93
       Northeast        7.17 – 7.42    7.28    13.79 – 14.04      13.92
       Southwest        7.23 – 7.44    7.36    13.99 – 14.24      14.09
       South Central    7.25 – 7.40    7.31    13.88 – 14.14      13.97
       Southeast        7.13 – 7.43    7.26    13.75 – 14.09      13.99

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 -.16

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       
       
16:25 ja

1. Ag markets diverge just before the long holiday weekend
2. Study suggests dairy herd water quality linked to milk production
3. Wis. lawmakers question challenges to large wells
4. Traders evening up positions ahead of the weekend Friday
5. Bio-Vet and Keller break ground on new facility
6. NOAA: Get ready for a busy hurricane season

1. Commentary: Milk faces branding dilemma
2. 4 rules for growing a business or industry
3. Chocolate milk a top post-workout food
4. Salma Hayek: Milk part of 'perfect' breakfast
5. Seven jobs more dangerous than farming
6. What do dairy exports mean for Minnesota?

1. Seven jobs more dangerous than farming
2. White House urges Senate to cut crop insurance in farm bill
3. Class III futures close out quietly last week
4. 4 rules for growing a business or industry
5. Drop in U.S. underground water levels has accelerated
6. Ongoing wave of Calif. metal theft prompts further legislation