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Agricultural Marketing

Daily Grain Report

Tues. July 22, 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 were mostly 4 cents lower for a state average of 3.42.

US 1 Yellow Soybean Prices were mostly 8 cents higher for a state average of 12.24.

 

Iowa Regions
#2 Yellow Corn
#1 Yellow Soybeans
 
Range
Avg.
Range
Avg.
Northwest
3.24 - 3.38
3.32
12.04 - 12.24
12.12
North Central
3.40 - 3.52
3.44
12.14 - 12.41
12.22
Northeast
3.44 - 3.59
3.50
12.10 - 12.47
12.25
Southwest
3.10 - 3.43
3.28
12.21 - 12.55
12.35
South Central
3.39 - 3.57
3.43
12.29 - 12.59
12.36
South East
3.47 - 3.77
3.56
12.04 - 12.36
12.26

 

Corn Basis to STATE AVERAGE PRICE for the CBOT SEP contract is - .18
      
Soybean basis to STATE AVERAGE PRICE for the CBOT AUG contract is +.40

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

16:17 ja

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