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Des Moines, IA - Mon Feb 6, 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 1 cent lower for a state average of 3.25.

US 1 Yellow Soybean Prices were mostly 9 cents higher for a state average of 9.55.

       Iowa Regions         #2 Yellow Corn          #1 Yellow Soybeans
                           Range       Avg        Range          Avg
       Northwest        3.20 – 3.36   3.27       9.41 – 9.52    9.47
       North Central    3.22 – 3.29   3.24       9.53 – 9.58    9.54
       Northeast        3.20 – 3.34   3.28       9.53 – 9.77    9.64
       Southwest        3.08 – 3.23   3.19       9.34 – 9.53    9.47
       South Central    3.21 – 3.24   3.22       9.52 – 9.56    9.53
       Southeast        3.24 – 3.35   3.30       9.66 – 9.81    9.74


Corn basis to STATE AVERAGE PRICE for the CBOT MAR contract is -.39
Soybean basis to STATE AVERAGE PRICE for the CBOT MAR contract is -.81

This report was prepared by the Marketing Bureau, Iowa Department of 
Agriculture and Land Stewardship.

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