Daily Grain Report

NW_GR110 - Wed. Sept. 1, 2010

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 8 cents higher for a state average of 3.84.

US 1 Yellow Soybeans Prices were generally 4 to 5 cents lower for a state average of 9.82.

Iowa Regions	#2 Yellow Corn		#1 Yellow Soybeans
	Range	Avg.	Range	Avg.
Northwest	3.71- 3.87	3.82	9.63 - 9.75	9.72
North Central	3.72 - 3.89	3.84	9.65 - 9.95	9.80
Northeast	3.67 - 3.94	3.84	9.67 -10.08	9.85
Southwest	3.50 - 3.87	3.74	9.85 - 10.03	9.95
South Central	3.83 - 4.12	3.90	9.89 - 10.01	9.92
South East	3.67 - 3.99	3.89	9.76 - 10.04	9.90

Corn Basis to STATE AVERAGE PRICE for the CBOT Dec. contract is -.63

Soybean basis to STATE AVERAGE PRICE for the CBOT Nov. contract is - .22

An audio version is available At 800-383-3755

Source: USDA Market News Des Moines, Iowa
515-284-4460 www.marketnews.usda.gov

Iowa Dept of Agriculture 515-281-8604


16:34 ja

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