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Agricultural Marketing

Daily Grain Report

 

 

 

 

 

 

 

 

 

 

NW_GR110   

 

Tue May 3, 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 mostly 12 cents lower for a state average of 3.39.

 

US 1 Yellow Soybean Prices were mostly 14 cents lower for a state average of 9.51.

 

       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans

                           Range       Avg        Range        Avg

       Northwest        3.33 - 3.39   3.35       9.37 - 9.44   9.40

       North Central    3.34 - 3.40   3.36       9.40 - 9.58   9.46

       Northeast        3.35 - 3.54   3.44       9.52 - 9.80   9.64

       Southwest        3.31 - 3.42   3.35       9.35 - 9.50   9.44

       South Central    3.34 - 3.56   3.40       9.42 - 9.55   9.49

       Southeast        3.42 - 3.60   3.50       9.60 – 9.92   9.77

 

Corn basis to STATE AVERAGE PRICE for the CBOT JUL contract is -.41

Soybean basis to STATE AVERAGE PRICE for the CBOT JUL contract is -.79

 

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

 

15:56 ja

 

 

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