Agricultural Marketing

Daily Grain Report

NW_GR 110

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	14.66
North Central	6.92 - 7.09	7.02	14.52 - 15.15	14.75
Northeast	6.87 - 7.09	6.96	14.55 - 14.80	14.68
Southwest	6.85 - 7.08	7.02	14.37 - 15.03	14.64
South Central	6.97 - 7.15	7.03	14.47 - 14.70	14.63
South East	6.83 - 7.04	6.96	14.62 - 14.90	14.76

 

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

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

16:25 ja

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