NW_GR110 Des Moines, IA Wed Oct 18, 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 1 to 2 cents lower for a state average of 3.01. US 1 Yellow Soybean Prices were mostly 1 cent lower for a state average of 9.03. Iowa Regions #2 Yellow Corn #1 Yellow Soybeans Range Avg Range Avg Northwest 2.99 – 3.19 3.04 8.99 – 9.05 9.02 North Central 2.93 – 3.04 3.00 9.00 – 9.04 9.01 Northeast 2.91 – 3.14 3.01 8.94 – 9.18 9.05 Southwest 2.89 – 3.03 2.97 8.89 – 9.04 8.97 South Central 2.97 – 3.18 3.01 8.96 – 9.04 9.01 Southeast 2.90 – 3.17 3.03 9.01 – 9.24 9.15 Corn basis to STATE AVERAGE PRICE for the CBOT DEC contract is -.47 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 16:17 ja