Agricultural Marketing

Daily Grain Report

NW_GR 110 Fri. Feb. 10, 2012

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 5 cents lower for a state average of 6.12.

US 1 Yellow Soybean Prices were generally 1 to 2 cents higher for a state average of 11.77.

Iowa Regions	#2 Yellow Corn		#1 Yellow Soybeans
	Range	Avg.	Range	Avg.
Northwest	6.12 - 6.28	6.17	11.74 - 11.86	11.80
North Central	6.06 - 6.18	6.12	11.64 - 11.79	11.71
Northeast	5.94 - 6.15	6.05	11.56 - 11.95	11.75
Southwest	6.08 - 6.27	6.16	11.74 - 11.91	11.81
South Central	6.10 - 6.24	6.14	11.67 - 11.86	11.71
South East	6.06 - 6.22	6.12	11.69 - 12.01	11.92

 

Corn Basis to STATE AVERAGE PRICE for the CBOT Mar. contract is - .20
      
Soybean basis to STATE AVERAGE PRICE for the CBOT Mar. contract is -.52

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

16:21 ja

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