Interior Iowa Elevator Grain Prices
NW_GR110 Fri. Feb. 3, 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 1 to 2 cents higher for a state average of 6.25.
US 1 Yellow Soybean Prices were generally 15 to 16 cents higher for a state average of 11.81.
Iowa Regions #2 Yellow Corn #1 Yellow Soybeans
Range Avg Range Avg
Northwest 6.24 – 6.41 6.30 11.77 – 11.93 11.83
North Central 6.18 – 6.29 6.24 11.68 – 11.83 11.74
Northeast 6.07 – 6.29 6.19 11.60 – 11.99 11.77
Southwest 6.20 – 6.41 6.28 11.75 – 12.03 11.87
South Central 6.17 – 6.38 6.25 11.63 – 11.95 11.74
Southeast 6.16 – 6.33 6.24 11.73 – 12.07 11.97
Corn basis to STATE AVERAGE PRICE for the CBOT Mar. contract is -.20
Soybean basis to STATE AVERAGE PRICE for the CBOT Mar. contract is -.51
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
16:12 ja
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