NW_GR110 Thu. Oct. 22, 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 5 to 6 cents higher for a state average of 3.78.
       
US 1 Yellow Soybeans Prices were generally 3 to 6 cents lower for a state average of 9.62.



       Iowa Regions         #2 Yellow Corn           #1 Yellow Soybeans
                           Range        Avg        Range        Avg
       Northwest        3.58 – 4.04    3.79     9.53 – 9.68     9.59
       North Central    3.71 – 3.84    3.77     9.51 – 9.66     9.78
       Northeast        3.73 – 3.94    3.87     9.52 – 9.80     9.64
       Southwest        3.52 – 3.76    3.66     9.48 – 9.71     9.60
       South Central    3.66 – 3.88    3.73     9.55 – 9.76     9.62
       Southeast        3.73 – 3.97    3.83     9.61 – 9.87     9.77


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       
       
16:26 hh