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Agricultural Marketing

Daily Grain Report

Tue. July 29, 2014

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 6 to 7 cents lower for a state average of 3.43.

US 1 Yellow Soybean Prices were mostly 13 cents lower for a state average of 12.42.

 

Iowa Regions
#2 Yellow Corn
#1 Yellow Soybeans
 
Range
Avg.
Range
Avg.
Northwest
3.25 - 3.36
3.32
12.15 - 12.56
12.34
North Central
3.40 - 3.47
3.44
12.25 - 12.55
12.38
Northeast
3.43 - 3.58
3.51
12.31 - 12.54
12.40
Southwest
3.09 - 3.44
3.28
12.39 - 12.92
12.64
South Central
3.39 - 3.61
3.45
12.55 - 12.75
12.60
South East
3.46 - 3.75
3.57
12.15 - 12.60
12.31

 

Corn Basis to STATE AVERAGE PRICE for the CBOT SEP contract is - .19
      
Soybean basis to STATE AVERAGE PRICE for the CBOT AUG contract is +.16

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

16:09 ja

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