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Agricultural Marketing

Daily Grain Report


Wed. April 23, 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 generally 7 to 8 cents higher for a state average of 4.78.

US 1 Yellow Soybean Prices were generally 11 to 12 cents lower for a state average of 14.28.

 

Iowa Regions
#2 Yellow Corn
#1 Yellow Soybeans
 
Range
Avg.
Range
Avg.
Northwest
4.63 - 4.76
4.71
14.13 - 14.22
14.18
North Central
4.72 - 4.85
4.78
14.16 - 14.29
14.23
Northeast
4.64 - 4.95
4.82
14.19 - 14.46
14.30
Southwest
4.63 - 4.80
4.72
14.31 - 14.49
14.42
South Central
4.75 - 4.87
4.80
14.30 - 14.41
14.37
South East
4.80 - 5.10
4.91
14.31 - 14.44
14.35

 

Corn Basis to STATE AVERAGE PRICE for the CBOT MAY contract is - .25
      
Soybean basis to STATE AVERAGE PRICE for the CBOT MAY 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

16:24 ja

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