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Agricultural Marketing

Daily Grain Report

 

 

 

 

 

 

 

NW_GR110   

 

Fri May 27, 2016             

 

IA Dept. of Ag-USDA Market News Interior Iowa Daily Grain Prices

 

Closing cash grain bids offered to producers as of 1:30 p.m.

Dollars per bushel, delivered to Interior Iowa Country Elevators.

 

 

US 2 Yellow Corn Prices were generally 4 to 5 cents higher for a state average of 3.72

 

US 1 Yellow Soybean Prices were generally 6 to 7 cents higher for a state average of 10.09.

 

       Iowa Regions         #2 Yellow Corn          #1 Yellow Soybeans

                           Range       Avg        Range          Avg

       Northwest        3.66 - 3.77   3.69        9.90 – 10.03    9.97

       North Central    3.67 - 3.75   3.69        9.96 – 10.10   10.01

       Northeast        3.61 - 3.91   3.76       10.11 - 10.45   10.22

       Southwest        3.65 - 3.84   3.71       10.00 – 10.15   10.08

       South Central    3.67 - 3.78   3.71       10.01 – 10.14   10.09

       Southeast        3.73 - 3.99   3.83       10.14 - 10.45   10.36

 

 

Corn basis to STATE AVERAGE PRICE for the CBOT JUL contract is -.40

Soybean basis to STATE AVERAGE PRICE for the CBOT JUL contract is -.77

 

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 and Land Stewardship 

515-281-8604                 

www.iowaagriculture.gov/agMarketing/dailyGrainPrices.asp

 

16:05 ja

 

 

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