Interior Iowa Elevator Grain Prices
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Mon. Nov. 5, 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 mostly 4 cents lower for a state average of 7.31.
US 1 Yellow Soybean Prices were generally 23 to 24 cents lower for a state average of 14.66.
Iowa Regions #2 Yellow Corn #1 Yellow Soybeans
Range Avg Range Avg
Northwest 7.30 – 7.52 7.39 14.63 – 14.83 14.71
North Central 7.25 – 7.31 7.29 14.59 – 14.69 14.63
Northeast 7.06 – 7.43 7.27 14.45 – 14.70 14.59
Southwest 7.23 – 7.46 7.34 14.60 – 14.88 14.74
South Central 7.23 – 7.55 7.33 14.61 – 14.88 14.67
Southeast 7.17 – 7.33 7.25 14.63 – 14.71 14.66
Corn basis to STATE AVERAGE PRICE for the CBOT Dec contract is - .05
Soybean basis to STATE AVERAGE PRICE for the CBOT Jan contract is -.37
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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