NW_GR110 Thurs. Oct. 8, 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 mostly 4 cents higher for a state average of 3.39.
       
US 1 Yellow Soybeans Prices were generally 24 to 25 cents higher for a state average of 8.95.



       Iowa Regions         #2 Yellow Corn           #1 Yellow Soybeans
                           Range        Avg        Range        Avg
       Northwest        3.21 – 3.64    3.39     8.86 – 8.96     8.90
       North Central    3.30 – 3.50    3.39     8.86 – 9.01     8.90
       Northeast        3.33 – 3.56    3.49     8.84 – 9.29     9.03
       Southwest        3.10 – 3.47    3.28     8.76 – 9.06     8.90
       South Central    3.29 – 3.39    3.33     8.86 – 9.06     8.91
       Southeast        3.19 – 3.56    3.43     8.88 – 9.26     9.14


Corn basis to STATE AVERAGE PRICE for the CBOT Dec.
contract is -.25

Soybean basis to STATE AVERAGE PRICE for the CBOT Nov.
contract is -.41
      
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