NW_GR110 Des Moines, IA Thu Oct 12, 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 higher for a state average of 3.01. US 1 Yellow Soybean Prices were mostly 27 cents higher for a state average of 9.11. Iowa Regions #2 Yellow Corn #1 Yellow Soybeans Range Avg Range Avg Northwest 2.98 – 3.16 3.04 9.02 – 9.12 9.08 North Central 2.96 – 3.04 3.01 9.08 – 9.12 9.10 Northeast 2.90 – 3.09 3.00 9.07 – 9.25 9.14 Southwest 2.84 – 3.02 2.97 8.97 – 9.12 9.06 South Central 2.95 – 3.17 3.00 9.04 – 9.12 9.09 Southeast 2.91 – 3.17 3.03 9.09 – 9.35 9.26 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 16:14 ja