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Agricultural Marketing

Daily Grain Report

 

 

  

 

NW_GR110  ** - Report delayed due to power failure**

Des Moines, IA    Tue Sep 27, 2016     IA Dept of Ag-USDA Market News

 

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 3 cents higher for a state average of 2.90.

 

US 1 Yellow Soybean Prices were generally 7-8 cents higher for a state average of 8.86.

 

       Iowa Regions         #2 Yellow Corn          #1 Yellow Soybeans

                           Range       Avg        Range          Avg

       Northwest        2.83 – 3.00   2.88       8.79 – 8.83     8.81

       North Central    2.82 – 2.90   2.88       8.82 – 8.87     8.83

       Northeast        2.84 – 3.00   2.93       8.74 – 9.02     8.88

       Southwest        2.74 – 2.90   2.85       8.73 – 9.03     8.85

       South Central    2.82 – 2.88   2.85       8.82 – 8.86     8.84

       Southeast        2.78 – 3.06   2.95       8.88 – 9.18     8.98

 

 

Corn basis to STATE AVERAGE PRICE for the CBOT DEC contract is -.43

Soybean basis to STATE AVERAGE PRICE for the CBOT NOV contract is -.67

 

This report was prepared by the Marketing Bureau, Iowa Department of

Agriculture and Land Stewardship. 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 and Land Stewardship 

515-281-8604                 

www.iowaagriculture.gov/agMarketing/dailyGrainPrices.asp

 

15:42 sb

 

 

 

 

 
Mailing Address: IDALS,  Wallace State Office Building,   502 E. 9th Street,  Des Moines, IA 50319:     PH: 515-281-5321
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