NW_GR110 Mon. Oct. 19, 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 14 cent higher for a state average of 3.60.
       
US 1 Yellow Soybeans Prices were generally 17 to 20 cents higher for a state average of 9.52.



       Iowa Regions         #2 Yellow Corn           #1 Yellow Soybeans
                           Range        Avg        Range        Avg
       Northwest        3.45 – 3.86    3.62     9.44 – 9.56     9.49
       North Central    3.48 – 3.68    3.59     9.41 – 9.56     9.47
       Northeast        3.58 – 3.73    3.68     9.38 – 9.74     9.55
       Southwest        3.36 – 3.59    3.49     9.39 – 9.64     9.51
       South Central    3.46 – 3.71    3.54     9.41 – 9.66     9.49
       Southeast        3.51 – 3.77    3.66     9.51 – 9.85     9.72


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 -.44
      
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       
       
16:08 ja