NW_GR110 Des Moines, IA Mon Oct 16, 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 lower for a state average of 3.02. US 1 Yellow Soybean Prices were mostly 9 cents lower for a state average of 9.11. Iowa Regions #2 Yellow Corn #1 Yellow Soybeans Range Avg Range Avg Northwest 3.00 – 3.18 3.05 9.03 – 9.13 9.09 North Central 2.97 – 3.06 3.02 9.07 – 9.11 9.09 Northeast 2.92 – 3.10 3.00 9.06 – 9.23 9.13 Southwest 2.86 – 3.04 2.98 8.96 – 9.11 9.04 South Central 2.99 – 3.07 3.00 9.03 – 9.11 9.08 Southeast 2.93 – 3.19 3.05 9.19 – 9.31 9.25 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 16:11 ja