NW_GR110 Mon. Oct. 12, 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 19 cents higher for a state average of 3.58.
       
US 1 Yellow Soybeans Prices were mostly 35 to 37 cents higher for a state average of 9.59.



       Iowa Regions         #2 Yellow Corn           #1 Yellow Soybeans
                           Range        Avg        Range        Avg
       Northwest        3.41 – 3.81    3.57     9.49 – 9.59     9.53
       North Central    3.43 – 3.71    3.55     9.49 – 9.64     9.55
       Northeast        3.50 – 3.89    3.70     9.47 – 9.87     9.69
       Southwest        3.29 – 3.64    3.47     9.43 – 9.69     9.55
       South Central    3.48 – 3.56    3.52     9.52 – 9.69     9.55
       Southeast        3.30 – 3.88    3.64     9.54 – 9.95     9.80


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 -.31
      
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