NW_GR110 Des Moines, IA Wed Oct 4, 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 1 cent lower for a state average of 2.99. US 1 Yellow Soybean Prices were mostly 3 cents higher for a state average of 8.76. Iowa Regions #2 Yellow Corn #1 Yellow Soybeans Range Avg Range Avg Northwest 2.96 – 3.13 3.00 8.73 – 8.90 8.77 North Central 2.95 – 3.04 2.99 8.74 – 8.78 8.76 Northeast 2.94 – 3.05 2.99 8.70 – 8.85 8.75 Southwest 2.85 – 3.01 2.97 8.70 – 8.78 8.75 South Central 2.93 – 3.16 2.99 8.70 – 8.78 8.75 Southeast 2.77 – 3.10 2.99 8.73 – 8.93 8.78 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 -.82 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 16:20 ja