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Agricultural Marketing

Daily Grain Report

Fri. Aug. 1, 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 3 to 5 cents lower for a state average of 3.35.

US 1 Yellow Soybean Prices were generally 23 to 44 cents lower for a state average of 11.88.

 

Iowa Regions
#2 Yellow Corn
#1 Yellow Soybeans
 
Range
Avg.
Range
Avg.
Northwest
3.16 - 3.28
3.23
11.65 - 11.98
11.81
North Central
3.30 - 3.43
3.36
11.43 - 12.09
11.79
Northeast
3.37 - 3.58
3.46
11.54 - 12.06
11.76
Southwest
3.05 - 3.35
3.22
11.59 - 12.35
11.95
South Central
3.30 - 3.46
3.35
12.03 - 12.14
12.12
South East
3.37 - 3.61
3.50
11.84 - 12.19
12.05

 

Corn Basis to STATE AVERAGE PRICE for the CBOT SEP contract is - .17
      
Soybean basis to STATE AVERAGE PRICE for the CBOT SEP contract is +1.14

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

16:26 ja

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