Iowa Daily Grain Prices

DES MOINES - Jun 30/05 - 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 2 to 5 cents lower
  for a state average of 1.77
  US 1 Yellow Soybeans generally 17 to 21 cents lower
  for a state average of 6.21
  Iowa Regions         #2 Yellow Corn           #1 Yellow Soybeans
                      Range        Avg           Range        Avg
   Northwest        1.70 – 1.79    1.75        6.16 – 6.26    6.22
   North Central    1.69 – 1.76    1.72        6.13 – 6.24    6.19
   Northeast        1.74 – 1.93    1.82        6.04 – 6.26    6.14
   Southwest        1.64 – 1.77    1.71        6.18 – 6.36    6.30
   South Central    1.72 – 1.92    1.80        6.18 – 6.32    6.21
   Southeast        1.82 – 1.97    1.89        6.14 – 6.25    6.21
Corn Basis to STATE AVERAGE PRICE for the CBOT JUL
contract is -$.35
Soybean basis to STATE AVERAGE PRICE for the CBOT JUL
contract is -$.31
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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