BC-USDA-Iowa Elev Grain Prcs

2/5/2016 1:45 PM
By Associated Press

NW—GR110
Fri. Feb. 5, 2016
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 2 to 3 cents lower for a state average of 3.38.
US 1 Yellow Soybean Prices were mostly 7 cents lower for a state average of 8.15.
Iowa Regions #2 Yellow Corn #1 Yellow Soybeans
Range Avg Range Avg
Northwest 3.32 - 3.41 3.36 8.02 - 8.09 8.07
North Central 3.33 - 3.39 3.35 8.06 - 8.16 8.10
Northeast 3.28 - 3.46 3.40 8.05 - 8.36 8.18
Southwest 3.25 - 3.44 3.37 8.07 - 8.25 8.14
South Central 3.34 - 3.51 3.40 8.12 - 8.23 8.17
Southeast 3.33 - 3.59 3.44 8.23 - 8.50 8.35
Corn basis to STATE AVERAGE PRICE for the CBOT MAR contract is -.28
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.ams.usda.gov/mnreports/nw—gr110.txt
Iowa Dept. of Agriculture and Land Stewardship
515-281-8604
www.iowaagriculture.gov/agMarketing/dailyGrainPrices.asp
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