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Iowa Daily Grain Prices
DES MOINES - May 11/04 - SNS -- Daily corn and soybean bids at interior elevator points in Iowa.
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 generally steady to 2 cents higher for a state average of 2.74 US 1 Yellow Soybeans generally 9 to 12 cents higher for a state average of 10.32 Iowa Regions US 2 Yellow Corn US 1 Yellow Soybeans Northwest 2.68 – 2.79 10.30 – 10.40 North Central 2.62 - 2.74 10.22 – 10.40 Northeast 2.72 – 2.92 10.18 – 10.38 Southwest 2.64 - 2.76 10.21 – 10.33 South Central 2.71 – 2.90 10.24 - 10.32 Southeast 2.76 – 2.90 10.24 – 10.33 Corn Basis to STATE AVERAGE PRICE for the CBOT May contract is -$.22 Soybean basis to STATE AVERAGE PRICE for the CBOT May contract is -$.22 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
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