NW_GR110 Des Moines, IA Wed Oct 11, 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 2.98. US 1 Yellow Soybean Prices were generally steady to 1 cent lower for a state average of 8.85. Iowa Regions #2 Yellow Corn #1 Yellow Soybeans Range Avg Range Avg Northwest 2.96 – 3.13 3.01 8.80 – 8.85 8.82 North Central 2.93 – 3.01 2.98 8.82 – 8.85 8.84 Northeast 2.89 – 3.06 2.97 8.81 – 9.03 8.89 Southwest 2.81 – 2.99 2.94 8.70 – 8.85 8.79 South Central 2.92 – 3.14 2.97 8.77 – 8.85 8.82 Southeast 2.84 – 3.11 2.99 8.82 – 9.08 9.00 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 -.80 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 16:11 ja