NW_GR110 Fri. Oct. 9, 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 2 cents lower for a state average of 3.37.
       
US 1 Yellow Soybeans Prices were mostly 28 cents higher for a state average of 9.23.



       Iowa Regions         #2 Yellow Corn           #1 Yellow Soybeans
                           Range        Avg        Range        Avg
       Northwest        3.22 – 3.62    3.38     9.14 – 9.24     9.18
       North Central    3.24 – 3.48    3.37     9.14 – 9.29     9.18
       Northeast        3.34 – 3.55    3.48     9.12 – 9.52     9.31
       Southwest        3.09 – 3.45    3.27     9.07 – 9.34     9.19
       South Central    3.27 – 3.37    3.31     9.15 – 9.34     9.20
       Southeast        3.17 – 3.54    3.42     9.16 – 9.58     9.44


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       
       
16:15 ja