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Interior Iowa Elevator Grain Prices
NW_GR110 Tues. Feb. 21, 2012 IA Dept. of Ag-USDA Market News
Interior Iowa Daily Grain Prices
Closing cash grain bids offered to producers as of 2:30 p.m.
Dollars per bushel, delivered to Interior Iowa Country Elevators.
US 2 Yellow Corn Prices were generally 12 to 13 cents lower for a state average of 6.11.
US 1 Yellow Soybean Prices were generally 3 to 4 cents higher for a state average of 12.19.
Iowa Regions #2 Yellow Corn #1 Yellow Soybeans
Range Avg Range Avg
Northwest 6.11 – 6.26 6.16 12.16 – 12.28 12.20
North Central 6.05 – 6.14 6.10 12.06 – 12.21 12.14
Northeast 5.92 – 6.14 6.02 11.98 – 12.38 12.15
Southwest 6.05 – 6.28 6.15 12.15 – 12.31 12.21
South Central 6.08 – 6.27 6.14 12.06 – 12.28 12.15
Southeast 6.03 – 6.21 6.10 12.15 – 12.50 12.38
Corn basis to STATE AVERAGE PRICE for the CBOT Mar. contract is -.19
Soybean basis to STATE AVERAGE PRICE for the CBOT Mar. contract is -.52
This report was prepared by the Marketing Bureau, Iowa Department of
Agriculture and Land Stewardship. An audio version is available at
800-383-3755.
Source: USDA Market News Des Moines, Iowa
515-284-4460 www.marketnews.usda.gov
Iowa Dept. of Agriculture
515-281-8604
www.iowaagriculture.gov/dailygrain.html
16:03 ja
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