NW_GR110 Des Moines, IA Fri June 5, 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 2 cents higher for a state average of 3.01. US 1 Yellow Soybean Prices were mostly steady for a state average of 8.23. Iowa Regions #2 Yellow Corn #1 Yellow Soybeans Range Avg Range Avg Northwest 2.89 – 3.06 2.97 8.08 – 8.18 8.14 North Central 2.95 – 3.06 2.99 8.13 – 8.26 8.19 Northeast 2.97 – 3.11 3.03 8.23 – 8.48 8.32 Southwest 2.91 – 3.30 3.08 8.15 – 8.18 8.17 South Central 2.93 – 3.20 3.02 8.18 – 8.53 8.25 Southeast 2.99 – 3.14 3.06 8.28 – 8.55 8.43 Corn basis to STATE AVERAGE PRICE for the CBOT JUL contract -.30 Soybean basis to STATE AVERAGE PRICE for the CBOT JUL contract -.45 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 16:18 ja