Interior Iowa Elevator Grain Prices

NW_GR110


Fri. Feb. 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 4 to 5 cents higher for a state average of 7.08.
       
US 1 Yellow Soybean Prices were mostly 7 cents higher for a state average of 14.07.

       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans
                           Range        Avg        Range            Avg
       Northwest        7.04 – 7.18    7.10    13.99 – 14.13      14.08
       North Central    7.04 – 7.11    7.08    13.94 – 14.07      14.04
       Northeast        6.97 – 7.17    7.08    13.83 – 14.14      13.98
       Southwest        6.91 – 7.15    7.06    14.00 – 14.22      14.13
       South Central    7.03 – 7.20    7.08    13.99 – 14.15      14.09
       Southeast        6.83 – 7.12    7.02    14.01 – 14.14      14.08

Corn basis to STATE AVERAGE PRICE for the CBOT Mar contract is + .08
Soybean basis to STATE AVERAGE PRICE for the CBOT Mar contract is -.18

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       
       
16:32 ja

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