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Interior Iowa Elevator Grain Prices
NW_GR110 Wed. Feb. 22, 2012 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 8 to 11 cents higher for a state average of 6.20.
US 1 Yellow Soybean Prices were mostly 1 cent higher for a state average of 12.20.
Iowa Regions #2 Yellow Corn #1 Yellow Soybeans
Range Avg Range Avg
Northwest 6.20 – 6.34 6.25 12.17 – 12.29 12.21
North Central 6.14 – 6.25 6.19 12.07 – 12.22 12.15
Northeast 6.01 – 6.23 6.11 11.97 – 12.37 12.15
Southwest 6.15 – 6.36 6.24 12.16 – 12.32 12.23
South Central 6.16 – 6.35 6.23 12.07 – 12.29 12.16
Southeast 6.14 – 6.30 6.19 12.17 – 12.51 12.39
Corn basis to STATE AVERAGE PRICE for the CBOT Mar. contract is -.19
Soybean basis to STATE AVERAGE PRICE for the CBOT Mar. contract is -.52
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.marketnews.usda.gov
Iowa Dept. of Agriculture
515-281-8604
www.iowaagriculture.gov/dailygrain.html
16:18 ja
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