NW_GR110 Fri. Nov. 6, 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 9 to 10 cents lower for a state average of 3.36.
       
US 1 Yellow Soybeans Prices were generally 17 to 22 cents lower for a state average of 9.02.



       Iowa Regions         #2 Yellow Corn           #1 Yellow Soybeans
                           Range        Avg        Range        Avg
       Northwest        3.25 – 3.47    3.36     8.93 – 9.10     9.02
       North Central    3.32 – 3.50    3.38     8.95 – 9.13     9.06
       Northeast        3.34 – 3.49    3.41     8.81 – 9.05     8.96
       Southwest        3.06 – 3.42    3.26     8.84 – 9.12     8.98
       South Central    3.32 – 3.42    3.31     8.90 – 9.08     8.09
       Southeast        3.27 – 3.40    3.35     8.99 – 9.13     9.05


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 -.53
      
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