NW_GR110 Fri. Nov. 20, 2009 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 mostly 4 cents lower for a state average of 3.57. US 1 Yellow Soybean Prices were mostly 7 cents higher for a state average of 9.94. Iowa Regions #2 Yellow Corn #1 Yellow Soybeans Range Avg Range Avg Northwest 3.49 – 3.66 3.58 9.76 – 9.96 9.88 North Central 3.58 – 3.66 3.62 9.91 – 9.99 9.94 Northeast 3.51 – 3.70 3.58 9.77 – 10.06 9.94 Southwest 3.25 – 3.62 3.43 9.77 – 9.96 9.88 South Central 3.54 – 3.76 3.59 9.98 – 10.06 10.01 Southeast 3.43 – 3.67 3.57 9.96 – 10.15 10.03 Corn basis to STATE AVERAGE PRICE for the CBOT Dec. contract is -.34 Soybean basis to STATE AVERAGE PRICE for the CBOT Jan. contract is -.52 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 16:07 ja