NW_GR110 Mon. Oct. 26, 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 20 cents lower for a state average of 3.51.
       
US 1 Yellow Soybeans Prices were generally 18 to 20 cents lower for a state average of 9.43.



       Iowa Regions         #2 Yellow Corn           #1 Yellow Soybeans
                           Range        Avg        Range        Avg
       Northwest        3.35 – 3.61    3.50     9.34 – 9.46     9.39
       North Central    3.43 – 3.58    3.50     9.35 – 9.47     9.39
       Northeast        3.50 – 3.62    3.58     9.31 – 9.63     9.46
       Southwest        3.28 – 3.51    3.41     9.29 – 9.52     9.41
       South Central    3.43 – 3.58    3.48     9.40 – 9.57     9.45
       Southeast        3.48 – 3.65    3.56     9.40 – 9.69     9.59


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       
       
16:14ja