NW_GR110

Fri. May 24, 2013 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 5 cents lower for a state average of 7.01.
  
US 1 Yellow Soybean Prices were generally 13 to 27 cents lower for a state average of 14.70.

       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans
                           Range        Avg        Range            Avg
       Northwest        6.95 – 7.13    7.05    14.52 – 14.92      14.91
       North Central    6.92 – 7.09    7.02    14.52 – 15.15      14.93
       Northeast        6.87 – 7.09    6.96    14.55 – 14.80      14.97
       Southwest        6.85 – 7.08    7.02    14.37 – 15.03      14.83
       South Central    6.97 – 7.15    7.03    14.47 – 14.70      14.85
       Southeast        6.83 – 7.04    6.96    14.62 – 14.90      15.01

Corn basis to STATE AVERAGE PRICE for the CBOT JULY contract is + .44
Soybean basis to STATE AVERAGE PRICE for the CBOT JULY contract is -.07

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

16:14 ja