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Interior Iowa Elevator Grain Prices

USDA  |   December 6, 2012
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Thurs. Dec. 6, 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 6 to 7 cents lower for a state average of 7.49.
       
US 1 Yellow Soybean Prices were generally 12 to 14 cents higher for a state average of 14.61.

       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans
                           Range        Avg        Range            Avg
       Northwest        7.51 – 7.63    7.56    14.61 – 14.75      14.67
       North Central    7.41 – 7.53    7.49    14.51 – 14.61      14.59
       Northeast        7.30 – 7.57    7.43    14.43 – 14.64      14.52
       Southwest        7.38 – 7.68    7.51    14.58 – 14.77      14.67
       South Central    7.43 – 7.60    7.49    14.51 – 14.78      14.62
       Southeast        7.33 - 7.48    7.42    14.48 – 14.59      14.55


Corn basis to STATE AVERAGE PRICE for the CBOT Mar contract is -.03
Soybean basis to STATE AVERAGE PRICE for the CBOT Jan contract is -.31

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       
       
16:22 ja


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