Interior Iowa Elevator Grain Prices
NW_GR110  
Des Moines, IA   Wed May 16, 2018    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 3 cents lower for a state average of 3.54.

US 1 Yellow Soybean Prices were mostly 19 cents lower for a state average of 9.25.

       Iowa Regions       #2 Yellow Corn          #1 Yellow Soybeans
                           Range       Avg        Range         Avg
       Northwest        3.47 � 3.69   3.55       9.14 � 9.25   9.18
       North Central    3.49 � 3.58   3.53       9.17 � 9.26   9.21
       Northeast        3.40 � 3.64   3.53       9.07 � 9.58   9.29
       Southwest        3.50 � 3.63   3.57       9.15 � 9.30   9.25
       South Central    3.50 � 3.69   3.55       9.22 � 9.40   9.27
       Southeast        3.50 � 3.71   3.57       9.27 � 9.48   9.38


Corn basis to STATE AVERAGE PRICE for the CBOT JUL contract is -.45
Soybean basis to STATE AVERAGE PRICE for the CBOT JUL contract is -.75

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

15:22 ja