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Agricultural Marketing

Daily Grain Report

 

Fri. Feb.27, 2015

IA Dept. of Ag-USDA Market News Interior Iowa Daily Grain Prices

Closing cash grain bids offered to producers as of 1:30 p.m.

Dollars per bushel, delivered to Interior Iowa Country Elevators.

US 2 Yellow Corn Prices were generally 5 to 6 cents higher for a state average of 3.68.

US 1 Yellow Soybean Prices were generally 5 to 7 cents higher for a state average of 9.86.

 

Iowa Regions
#2 Yellow Corn
#1 Yellow Soybeans
 
Range
Avg.
Range
Avg.
Northwest
3.66 - 3.71
3.69
9.81 - 9.87
9.85
North Central
3.61 - 3.73
3.68
9.79 - 9.87
9.85
Northeast
3.63 - 3.81
3.73
9.69 - 10.02
9.84
Southwest
3.47 - 3.73
3.62
9.79 - 9.91
9.85
South Central
3.60 - 3.70
3.65
9.71 - 9.89
9.84
South East
3.40 - 3.79
3.66
9.84 - 10.16
9.97

 

Corn Basis to STATE AVERAGE PRICE for the CBOT MAR contract is - .16
      
Soybean basis to STATE AVERAGE PRICE for the CBOT MAR contract is - .44

An audio version is available At 800-383-3755
      
Source:  USDA Market News Des Moines, Iowa
515-284-4460 
      
Iowa Dept of Agriculture 515-281-8604

16:36 ja

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