NW_GR110 Thurs. Oct. 29, 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 10 to 11 cents higher for a state average of 3.51.
       
US 1 Yellow Soybeans Prices were mostly 17 cents higher for a state average of 9.42.



       Iowa Regions         #2 Yellow Corn           #1 Yellow Soybeans
                           Range        Avg        Range        Avg
       Northwest        3.37 – 3.59    3.48     9.35 – 9.45     9.38
       North Central    3.45 – 3.65    3.51     9.34 – 9.47     9.39
       Northeast        3.52 – 3.60    3.57     9.29 – 9.56     9.43
       Southwest        3.22 – 3.52    3.42     9.28 – 9.49     9.39
       South Central    3.45 – 3.54    3.48     9.38 – 9.55     9.43
       Southeast        3.44 – 3.65    3.55     9.41 – 9.63     9.55


Corn basis to STATE AVERAGE PRICE for the CBOT Dec.
contract is -.29

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       
       
16:16 ja