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Friday, July 25, 2008
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<![CDATA[NW_GR110 Thu. Jul. 24, 2008 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 1 to 2 cents higher for a state average of 5.10.
US 1 Yellow Soybeans Prices were generally 9 to 11 cents lower for a state average of 13.14.
Iowa Regions #2 Yellow Corn #1 Yellow Soybeans
Range Avg Range Avg
Northwest 5.09 ? 5.29 5.20 13.13 ? 13.33 13.21
North Central 5.03 ? 5.17 5.11 12.92 ? 13.21 13.09
Northeast 4.83 ? 5.11 4.96 12.53 ? 13.27 12.97
Southwest 5.02 ? 5.34 5.17 13.25 ? 13.40 13.31
South Central 5.12 ? 5.31 5.17 12.88 ? 13.28 13.11
Southeast 4.88 ? 5.13 5.03 13.07 ? 13.35 13.20
Corn Basis to STATE AVERAGE PRICE for the CBOT September
contract is -.63
Soybean basis to STATE AVERAGE PRICE for the CBOT August
contract is -.71
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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