Interior Iowa Elevator Grain Prices

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NW_GR110


Mon. March 17, 2014 IA Dept. of Ag-USDA Market News 

Interior Iowa Daily Grain Prices
       
Closing cash grain bids offered to producers as of 3:00 p.m.
Dollars per bushel, delivered to Interior Iowa Country Elevators.

US 2 Yellow Corn Prices were mostly 7 cents lower for a state average of 4.50.

US 1 Yellow Soybean Prices were generally 3 to 4 cents higher for a state average of 13.44.

       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans
                           Range        Avg        Range            Avg
       Northwest        4.29 – 4.54    4.45    13.36 – 13.42      13.40
       North Central    4.49 – 4.59    4.53    13.37 – 13.47      13.43
       Northeast        4.38 – 4.63    4.52    13.23 – 13.49      13.32
       Southwest        4.14 – 4.49    4.34    13.42 – 13.71      13.54
       South Central    4.50 – 4.69    4.54    13.47 – 13.52      13.51
       Southeast        4.42 – 4.70    4.56    13.34 – 13.53      13.46

Corn basis to STATE AVERAGE PRICE for the CBOT MAY contract is -.29
Soybean basis to STATE AVERAGE PRICE for the CBOT MAY contract is -.48

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/mnreports/nw_gr110.txt


Iowa Dept. of Agriculture 
515-281-8604                  
www.iowaagriculture.gov/agMarketing/dailyGrainPrices.asp



16:13 ja

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