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Agricultural Marketing

Daily Grain Report

 

May 22, 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 generally 5 to 6 cents lower for a state average of 3.40.

US 1 Yellow Soybean Prices were generally 14 to 15 cents lower for a state average of 8.93.

 

Iowa Regions
#2 Yellow Corn
#1 Yellow Soybeans
 
Range
Avg.
Range
Avg.
Northwest
3.38 - 3.48
3.41
8.82 - 8.89
8.85
North Central
3.35 - 3.43
3.40
8.79 - 8.97
8.88
Northeast
3.25 - 3.54
3.41
8.89 - 9.12
8.99
Southwest
3.20 - 3.47
3.38
8.89 - 9.02
8.94
South Central
3.33 - 3.47
3.40
8.89 - 9.02
8.93
South East
3.28 - 3.58
3.42
9.01 - 9.27
9.12

 

Corn Basis to STATE AVERAGE PRICE for the CBOT JUL contract is - .20
      
Soybean basis to STATE AVERAGE PRICE for the CBOT JUL contract is - .31

An audio version is available At 800-383-3755
      
Source:  USDA Market News Des Moines, Iowa
515-284-4460 
      
Iowa Dept of Agriculture 515-281-8604

16:29 ja

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