NW_GR110


Wed. June 19, 2013 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 9 to 11 cents higher for a state average of 7.33.
  
US 1 Yellow Soybean Prices were generally 11 to 26 cents higher for a state average of 15.34.

       Iowa Regions         #2 Yellow Corn        #1 Yellow Soybeans
                           Range        Avg        Range            Avg
       Northwest        7.30 – 7.39    7.37    15.25 – 15.52      15.35
       North Central    7.21 – 7.41    7.34    15.07 – 15.42      15.24
       Northeast        7.21 – 7.59    7.34    15.14 – 15.47      15.28
       Southwest        7.21 – 7.43    7.32    15.42 – 15.62      15.54
       South Central    7.25 – 7.48    7.33    15.29 – 15.65      15.40
       Southeast        7.07 – 7.34    7.26    15.20 – 15.49      15.35

Corn basis to STATE AVERAGE PRICE for the CBOT JULY contract is + .51
Soybean basis to STATE AVERAGE PRICE for the CBOT JULY contract is + .11

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/mnreports/nw_gr110.txt


Iowa Dept. of Agriculture 
515-281-8604                  
www.iowaagriculture.gov/agMarketing/dailyGrainPrices.asp

16:21 ja