Daily Grain Report

NW_GR110 Thurs. July 2, 2009 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 9 to 11 cents lower for a state average of 3.12.

US 1 Yellow Soybeans Prices were generally 7 to 12 cents lower for a state average of 11.87.

Iowa Regions	#2 Yellow Corn		#1 Yellow Soybeans
	Range	Avg.	Range	Avg.
Northwest	3.03- 3.17	3.10	11.61 - 11.89	11.74
North Central	3.07 - 3.14	3.09	11.61 - 11.90	11.77
Northeast	3.07 - 3.27	3.14	11.86 - 12.32	12.11
Southwest	2.92- 3.14	3.06	11.64 - 11.84	11.76
South Central	3.08 - 3.34	3.16	11.86 - 11.96	11.90
South East	3.12 - 3.31	3.22	11.99 - 12.35	12.22

Corn Basis to STATE AVERAGE PRICE for the CBOT Sept contract is -.34

Soybean basis to STATE AVERAGE PRICE for the CBOT Aug contract is +.33

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/agMarketing/dailyGrainPrices.asp

16:27 ja

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Mailing Address: IDALS, Wallace State Office Building, 502 E. 9th Street, Des Moines, IA 50319: PH: 515-281-5321