NW_GR110 Wed. Oct. 14, 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 mixed from 1 cent lower to 1 cent higher for a state average of 3.57.
       
US 1 Yellow Soybeans Prices were generally mixed from 4 cents lower to 1 cent higher for a state average of 9.52.



       Iowa Regions         #2 Yellow Corn           #1 Yellow Soybeans
                           Range        Avg        Range        Avg
       Northwest        3.43 – 3.83    3.59     9.40 – 9.54     9.46
       North Central    3.45 – 3.73    3.56     9.39 – 9.54     9.47
       Northeast        3.53 – 3.70    3.64     9.36 – 9.89     9.57
       Southwest        3.31 – 3.66    3.49     9.39 – 9.64     9.50
       South Central    3.50 – 3.58    3.55     9.42 – 9.64     9.48
       Southeast        3.38 – 3.72    3.61     9.49 – 9.91     9.78


Corn basis to STATE AVERAGE PRICE for the CBOT Dec.
contract is -.26

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       
       
16:19 ja