NW_GR110 Fri. Oct. 23, 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 lower for a state average of 3.73.
       
US 1 Yellow Soybeans Prices were generally steady to 1 cent higher for a state average of 9.62.



       Iowa Regions         #2 Yellow Corn           #1 Yellow Soybeans
                           Range        Avg        Range        Avg
       Northwest        3.55 – 3.98    3.74     9.54 – 9.66     9.58
       North Central    3.66 – 3.86    3.72     9.56 – 9.66     9.60
       Northeast        3.68 – 3.88    3.82     9.50 – 9.80     9.64
       Southwest        3.47 – 3.71    3.60     9.49 – 9.70     9.60
       South Central    3.63 – 3.83    3.68     9.57 – 9.76     9.63
       Southeast        3.68 – 3.92    3.79     9.61 – 9.87     9.78


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
      
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       
       
16:12ja