NW_GR110 Des Moines, IA Tue Oct 17, 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 generally steady to 1 cent lower for a state average of 3.02. US 1 Yellow Soybean Prices were mostly 6 cents lower for a state average of 9.05. Iowa Regions #2 Yellow Corn #1 Yellow Soybeans Range Avg Range Avg Northwest 3.00 – 3.17 3.05 8.99 – 9.05 9.03 North Central 2.95 – 3.05 3.02 9.01 – 9.05 9.03 Northeast 2.91 – 3.12 3.02 9.00 – 9.19 9.08 Southwest 2.90 – 3.03 2.99 8.90 – 9.05 8.98 South Central 2.98 – 3.18 3.02 8.97 – 9.05 9.02 Southeast 2.90 – 3.18 3.04 9.02 – 9.25 9.17 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 16:03 ja