NW_GR110 Tues. October 6, 2009   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 generally 16 to 17 cents higher for a state average of 3.35.
       
US 1 Yellow Soybeans Prices were generally 24 to 25 cents higher for a state average of 8.67.



       Iowa Regions         #2 Yellow Corn           #1 Yellow Soybeans
                           Range        Avg        Range        Avg
       Northwest        3.15 – 3.38    3.32     8.58 – 8.70     8.63
       North Central    3.23 – 3.44    3.35     8.56 – 8.75     8.63
       Northeast        3.26 – 3.51    3.44     8.52 – 8.90     8.72
       Southwest        3.04 – 3.41    3.22     8.48 – 8.75     8.62
       South Central    3.28 – 3.38    3.31     8.59 – 8.75     8.64
       Southeast        3.13 – 3.48    3.38     8.60 – 8.98     8.85


Corn basis to STATE AVERAGE PRICE for the CBOT Dec.
contract is -.24

Soybean basis to STATE AVERAGE PRICE for the CBOT Nov.
contract is -.43
      
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.marketnews.usda.gov 
       
Iowa Dept of Agriculture 
515-281-8604                  
www.iowaagriculture.gov/dailygrain.html       
       
16:14 ja