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Agricultural Marketing

Daily Grain Report

 

Wed. Aug. 27, 2014

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 generally steady for a state average of 3.45.

US 1 Yellow Soybean Prices were mostly 4 cents lower for a state average of 12.43.

 

Iowa Regions
#2 Yellow Corn
#1 Yellow Soybeans
 
Range
Avg.
Range
Avg.
Northwest
3.25 - 3.33
3.28
12.03 - 12.49
12.26
North Central
3.34 - 3.57
3.44
11.96 - 12.96
12.24
Northeast
3.36 - 3.73
3.59
12.04 - 13.01
12.69
Southwest
3.24 - 3.41
3.33
11.54 - 13.21
12.68
South Central
3.33 - 3.71
3.46
12.54 - 12.99
12.65
South East
3.52 - 3.80
3.64
11.64 - 12.94
12.43

 

Corn Basis to STATE AVERAGE PRICE for the CBOT SEP contract is - .11
      
Soybean basis to STATE AVERAGE PRICE for the CBOT SEP contract is +1.57

An audio version is available At 800-383-3755
      
Source:  USDA Market News Des Moines, Iowa
515-284-4460  www.ams.usda.gov/mnreports/nw_gr110.txt
      
Iowa Dept of Agriculture 515-281-8604

16:29 ja

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