NW_GR110 Fri. Oct. 30, 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 14 cents lower for a state average of 3.37.
       
US 1 Yellow Soybeans Prices were generally 7 to 10 cents lower for a state average of 9.34.



       Iowa Regions         #2 Yellow Corn           #1 Yellow Soybeans
                           Range        Avg        Range        Avg
       Northwest        3.24 – 3.46    3.36     9.26 – 9.36     9.30
       North Central    3.31 – 3.51    3.37     9.26 – 9.37     9.31
       Northeast        3.37 – 3.49    3.42     9.25 – 9.52     9.39
       Southwest        3.09 – 3.41    3.27     9.20 – 9.39     9.31
       South Central    3.31 – 3.41    3.35     9.31 – 9.45     9.34
       Southeast        3.31 – 3.52    3.42     9.33 – 9.58     9.46


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       
       
16:11 ja