NW_GR110 Wed. Oct. 21, 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 13 to 15 cents higher for a state average of 3.73.
       
US 1 Yellow Soybeans Prices were generally 26 to 31 cents higher for a state average of 9.66.



       Iowa Regions         #2 Yellow Corn           #1 Yellow Soybeans
                           Range        Avg        Range        Avg
       Northwest        3.53 – 3.98    3.74     9.56 – 9.70     9.61
       North Central    3.66 – 3.78    3.71     9.54 – 9.69     9.61
       Northeast        3.70 – 3.88    3.82     9.55 – 9.94     9.71
       Southwest        3.47 – 3.71    3.60     9.52 – 9.74     9.63
       South Central    3.60 – 3.83    3.67     9.58 – 9.79     9.65
       Southeast        3.68 – 3.93    3.80     9.62 – 10.03    9.85


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 -.43