NW_GR110 Des Moines, IA Mon Oct 2, 2017 IA Dept of Ag-USDA Market News IA Dept. of Ag-USDA Market News Interior Iowa Daily Grain Prices Closing cash grain bids offered to producers as of 1:30 p.m. Dollars per bushel, delivered to Interior Iowa Country Elevators. US 2 Yellow Corn Prices were mostly 3 cents lower for a state average of 3.02. US 1 Yellow Soybean Prices were mostly 11 cents lower for a state average of 8.73. Iowa Regions #2 Yellow Corn #1 Yellow Soybeans Range Avg Range Avg Northwest 2.99 – 3.15 3.04 8.72 – 8.79 8.74 North Central 2.98 – 3.07 3.02 8.65 – 8.77 8.74 Northeast 2.98 – 3.09 3.03 8.60 – 8.85 8.75 Southwest 2.85 – 3.05 3.00 8.69 – 8.79 8.74 South Central 2.97 – 3.19 3.03 8.69 – 8.79 8.74 Southeast 2.80 – 3.14 3.01 8.67 – 8.92 8.74 Corn basis to STATE AVERAGE PRICE for the CBOT DEC contract is -.49 Soybean basis to STATE AVERAGE PRICE for the CBOT NOV contract is -.83 This report was prepared by the Marketing Bureau, Iowa Department of Agriculture and Land Stewardship. Source: USDA Market News Des Moines, Iowa 515-284-4460 www.ams.usda.gov/mnreports/nw_gr110.txt Iowa Dept. of Agriculture and Land Stewardship 515-281-8604 www.iowaagriculture.gov/agMarketing/dailyGrainPrices.asp 16:12 sb