NW_GR110 Des Moines, IA Fri July 10, 2020 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 12 cents lower for a state average of 3.04. US 1 Yellow Soybean Prices were generally 9 to 10 cents lower for a state average of 8.43. Iowa Regions #2 Yellow Corn #1 Yellow Soybeans Range Avg Range Avg Northwest 2.91 – 3.05 2.99 8.17 – 8.41 8.30 North Central 2.97 – 3.05 3.01 8.30 – 8.43 8.36 Northeast 3.02 – 3.16 3.09 8.40 – 8.67 8.52 Southwest 2.95 – 3.10 3.04 8.31 – 8.42 8.36 South Central 2.96 – 3.19 3.04 8.32 – 8.47 8.37 Southeast 3.00 – 3.31 3.14 8.43 – 8.73 8.62 Corn basis to STATE AVERAGE PRICE for the CBOT SEP contract -.33 Soybean basis to STATE AVERAGE PRICE for the CBOT AUG contract -.47 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 16:31 ja