NW_GR110 Tues. Nov. 24, 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 11 cents lower for a state average of 3.42.
       
US 1 Yellow Soybean Prices were mostly 4 cents higher for a state average of 9.93.



       Iowa Regions         #2 Yellow Corn           #1 Yellow Soybeans
                           Range        Avg        Range        Avg
       Northwest        3.34 – 3.51    3.43     9.76 –  9.96     9.89
       North Central    3.43 – 3.51    3.45     9.91 -  9.99     9.94
       Northeast        3.36 – 3.55    3.44     9.77 – 10.04     9.91
       Southwest        3.10 – 3.47    3.27     9.80 –  9.96     9.90
       South Central    3.39 – 3.51    3.43     9.98 – 10.06    10.00
       Southeast        3.25 – 3.51    3.43     9.96 – 10.04    10.00


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 -.53
    
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       
       
16:19 ja