NW_GR110 Thurs. Nov. 5, 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 7 to 8 cents lower for a state average of 3.46.
       
US 1 Yellow Soybeans Prices were mostly 27 cents lower for a state average of 9.23.



       Iowa Regions         #2 Yellow Corn           #1 Yellow Soybeans
                           Range        Avg        Range        Avg
       Northwest        3.34 – 3.57    3.45     9.10 – 9.27     9.22
       North Central    3.42 – 3.60    3.48     9.17 – 9.30     9.25
       Northeast        3.43 – 3.58    3.51     9.06 – 9.28     9.19
       Southwest        3.15 – 3.51    3.35     9.04 – 9.29     9.18
       South Central    3.42 – 3.51    3.45     9.17 – 9.29     9.26
       Southeast        3.40 – 3.53    3.46     9.17 – 9.38     9.31


Corn basis to STATE AVERAGE PRICE for the CBOT Dec.
contract is -.31

Soybean basis to STATE AVERAGE PRICE for the CBOT Jan.
contract is -.49
      
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       
       
16:24 ja