NW_GR110 Wed. October 7, 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 1 to 2 cents higher for a state average of 3.36.
       
US 1 Yellow Soybeans Prices were generally 2 to 4 cents higher for a state average of 8.70.



       Iowa Regions         #2 Yellow Corn           #1 Yellow Soybeans
                           Range        Avg        Range        Avg
       Northwest        3.17 – 3.60    3.35     8.60 – 8.72     8.67
       North Central    3.30 – 3.46    3.38     8.62 – 8.77     8.66
       Northeast        3.29 – 3.51    3.44     8.54 – 8.96     8.75
       Southwest        3.06 – 3.43    3.24     8.52 – 8.80     8.63
       South Central    3.25 – 3.35    3.29     8.63 – 8.80     8.67
       Southeast        3.15 – 3.48    3.39     8.64 – 9.01     8.90


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 -.42
      
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       
       
16:23 ja