NW_GR110 Des Moines, IA Thu May 17, 2019 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 4 cents higher for a state average of 3.54. US 1 Yellow Soybean Prices were mostly 18 cents lower for a state average of 7.40. Iowa Regions #2 Yellow Corn #1 Yellow Soybeans Range Avg Range Avg Northwest 3.51 – 3.83 3.61 7.29 – 7.43 7.35 North Central 3.43 – 3.59 3.52 7.23 – 7.45 7.36 Northeast 3.36 – 3.54 3.49 7.21 – 7.52 7.36 Southwest 3.51 – 3.61 3.58 7.34 – 7.57 7.45 South Central 3.45 – 3.67 3.54 7.37 – 7.65 7.45 Southeast 3.34 – 3.63 3.49 7.35 – 7.59 7.47 Corn basis to STATE AVERAGE PRICE for the CBOT JULY contract -.29 Soybean basis to STATE AVERAGE PRICE for the CBOT JULY contract -.82 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 16:14 PO