BC-USDA-Iowa Elev Grain Prcs

By: | Associated Press
Published: May 24, 2012


NWGR110

Thurs. May 24, 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 generally 23 to 25 cents lower for a state average of 5.95.

US 1 Yellow Soybean Prices were generally 13 to 16 cents higher for a state average of 13.31.

	Iowa Regions	#2 Yellow Corn	#1 Yellow Soybeans
	Range	Avg	Range	Avg
	Northwest	5.90 ? 6.03	5.96	13.25 ? 13.33	13.28
	North Central	5.91 ? 6.04	5.95	13.15 ? 13.31	13.23
	Northeast	5.65 ? 6.03	5.90	13.11 ? 13.46	13.31
	Southwest	5.82 ? 6.02	5.93	13.23 ? 13.55	13.42
	South Central	5.87 ? 6.07	5.94	13.20 ? 13.53	13.27
	Southeast	6.20 ? 6.07	6.01	13.24 ? 13.60	13.48


Corn basis to STATE AVERAGE PRICE for the CBOT Jul contract is +.16
Soybean basis to STATE AVERAGE PRICE for the CBOT Jul contract is -.45

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.ams.usda.gov/LSmarketnews


Iowa Dept. of Agriculture
515-281-8604
www.iowaagriculture.gov/dailygrain.html

16:10 ja

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