NW_GR110 Des Moines, IA Mon Oct 9, 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 3.01. US 1 Yellow Soybean Prices were mostly 5 cents lower for a state average of 8.86. Iowa Regions #2 Yellow Corn #1 Yellow Soybeans Range Avg Range Avg Northwest 2.98 – 3.15 3.02 8.77 – 8.88 8.84 North Central 2.96 – 3.05 3.01 8.74 – 8.87 8.84 Northeast 2.96 – 3.07 3.01 8.81 – 9.00 8.86 Southwest 2.87 – 3.03 2.98 8.77 – 8.87 8.82 South Central 2.96 – 3.17 3.01 8.79 – 8.87 8.84 Southeast 2.87 – 3.12 3.02 8.82 – 9.08 8.97 Corn basis to STATE AVERAGE PRICE for the CBOT DEC contract is -.48 Soybean basis to STATE AVERAGE PRICE for the CBOT NOV contract is -.81 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 16:13 sb