- Wed. May 7, 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 6 to 8 cents higher for a state average of 5.60.
US 1 Yellow Soybeans Prices were generally 31 to 32 cents higher for a state average of 12.24.
Iowa Regions #2 Yellow Corn #1 Yellow Soybeans
Range Avg Range Avg
Northwest 5.63 5.84 5.72 12.22 12.44 12.32
North Central 5.54 5.66 5.61 11.99 12.30 12.22
Northeast 5.29 5.66 5.52 12.07 12.40 12.19
Southwest 5.51 5.67 5.61 12.18 12.29 12.21
South Central 5.54 5.71 5.62 12.15 12.34 12.27
Southeast 5.38 5.63 5.53 12.08 12.33 12.22
Corn Basis to STATE AVERAGE PRICE for the CBOT July
contract is -.53
Soybean basis to STATE AVERAGE PRICE for the CBOT July
contract is -.85
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
