Interior Iowa Elevator Grain Prices

NW_GR110


Tues. Feb. 12, 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 mostly 6 cents lower for a state average of 7.03.
       
US 1 Yellow Soybean Prices were generally 10 to 11 cents lower for a state average of 14.03.

       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans
                           Range        Avg        Range            Avg
       Northwest        7.01 – 7.13    7.06    13.98 – 14.10      14.05
       North Central    7.01 – 7.05    7.03    13.91 – 14.03      14.00
       Northeast        6.97 – 7.14    7.04    13.82 – 14.08      13.97
       Southwest        6.88 – 7.12    7.03    13.96 – 14.18      14.09
       South Central    6.95 – 7.16    7.01    13.96 – 14.11      14.05
       Southeast        6.80 – 7.03    7.03    13.97 – 14.08      14.03

Corn basis to STATE AVERAGE PRICE for the CBOT Mar contract is + .06
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       
       
16:19 ja

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