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Agricultural Marketing

Daily Grain Report

 

Wed. Jan. 28, 2015

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 8 cents lower for a state average of 3.50.

US 1 Yellow Soybean Prices were mostly 4 cents lower for a state average of 9.21.

 

Iowa Regions
#2 Yellow Corn
#1 Yellow Soybeans
 
Range
Avg.
Range
Avg.
Northwest
3.49 - 3.56
3.52
9.15 - 9.25
9.22
North Central
3.42 - 3.59
3.51
9.13 - 9.25
9.20
Northeast
3.46 - 3.62
3.54
8.98 - 9.35
9.16
Southwest
3.20 - 3.53
3.42
9.10 - 9.28
9.20
South Central
3.37 - 3.58
3.44
9.15 - 9.22
9.19
South East
3.29 - 3.63
3.51
9.17 - 9.44
9.28

 

Corn Basis to STATE AVERAGE PRICE for the CBOT MAR contract is - .23
      
Soybean basis to STATE AVERAGE PRICE for the CBOT MAR contract is - .50

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

16:28 ja

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