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Agricultural Marketing

Daily Grain Report

 

March 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 mostly unchanged for a state average of 3.72.

US 1 Yellow Soybean Prices were generally 7 to 8 cents lower for a state average of 9.25.

 

Iowa Regions
#2 Yellow Corn
#1 Yellow Soybeans
 
Range
Avg.
Range
Avg.
Northwest
3.67 - 3.75
3.72
9.20 - 9.22
9.21
North Central
3.67 - 3.79
3.72
9.17 - 9.27
9.22
Northeast
3.62 - 3.85
3.76
9.17 - 9.42
9.28
Southwest
3.48 - 3.74
3.65
9.21 - 9.27
9.24
South Central
3.63 - 3.82
3.70
9.12 - 9.24
9.20
South East
3.60 - 3.91
3.74
9.29 - 9.51
9.40

 

Corn Basis to STATE AVERAGE PRICE for the CBOT MAY contract is - .19
      
Soybean basis to STATE AVERAGE PRICE for the CBOT MAY contract is - .42

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

16:21 bl

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