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[QT] Interior Iowa Elevator Grain Prices

Date: 2008-05-09 16:00:30

Categories: GRAIN


    
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 1 to 4 cents lower for a state average of 5.75.
       
US 1 Yellow Soybeans Prices were generally 46 to 49 cents higher for a state average of 12.71.

       Iowa Regions         #2 Yellow Corn           #1 Yellow Soybeans
                           Range        Avg        Range        Avg
       Northwest        5.76 – 5.97    5.85     12.68 – 12.93    12.77
       North Central    5.69 – 5.82    5.77     12.48 – 12.80    12.67
       Northeast        5.40 – 5.81    5.66     12.55 – 12.89    12.69
       Southwest        5.67 – 5.81    5.75     12.65 – 12.78    12.71
       South Central    5.71 – 5.84    5.76     12.69 – 12.78    12.76
       Southeast        5.53 – 5.74    5.65     12.67 – 12.82    12.74
       
Corn Basis to STATE AVERAGE PRICE for the CBOT July
contract is -.54
       
Soybean basis to STATE AVERAGE PRICE for the CBOT July
contract is -.86
      
This report was prepared by the Marketing Bureau, Iowa Department of 
Agriculture and Land Stewardship. 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                  
www.iowaagriculture.gov/dailygrain.html       
       
16:00 rw



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