NW_GR110 Des Moines, IA Tue Oct 3, 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 2 cents lower for a state average of 3.00. US 1 Yellow Soybean Prices were mostly 2 cents lower for a state average of 8.72. Iowa Regions #2 Yellow Corn #1 Yellow Soybeans Range Avg Range Avg Northwest 2.97 – 3.15 3.01 8.70 – 8.87 8.74 North Central 2.96 – 3.05 3.01 8.71 – 8.75 8.74 Northeast 2.96 – 3.07 3.01 8.66 – 8.82 8.71 Southwest 2.87 – 3.03 2.98 8.63 – 8.75 8.69 South Central 2.95 – 3.17 3.01 8.67 – 8.75 8.72 Southeast 2.78 – 3.12 3.00 8.65 – 8.90 8.72 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 16:06 ja