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Agricultural Marketing

Daily Grain Report

Wed. Aug. 20, 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 mostly 3 cents lower for a state average of 3.45.

US 1 Yellow Soybean Prices were generally 5 to 15 cents lower for a state average of 11.94.

 

Iowa Regions
#2 Yellow Corn
#1 Yellow Soybeans
 
Range
Avg.
Range
Avg.
Northwest
3.25 - 3.34
3.31
11.13 - 11.68
11.54
North Central
3.37 - 3.57
3.44
11.48 - 12.23
11.87
Northeast
3.46 - 3.74
3.59
11.38 - 12.64
12.10
Southwest
3.22 - 3.40
3.34
11.68 - 12.40
12.11
South Central
3.39 - 3.69
3.48
11.88 - 12.75
12.21
South East
3.46 - 3.75
3.59
12.08 - 12.35
12.22

 

Corn Basis to STATE AVERAGE PRICE for the CBOT SEP contract is - .14
      
Soybean basis to STATE AVERAGE PRICE for the CBOT SEP contract is +.74

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

15:35 jw

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