NW_GR110 Des Moines, IA Thu May 28, 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 7 cents higher for a state average of 2.98. US 1 Yellow Soybean Prices were mostly 2 cents lower for a state average of 8.02. Iowa Regions #2 Yellow Corn #1 Yellow Soybeans Range Avg Range Avg Northwest 2.85 – 3.03 2.93 7.87 – 8.00 7.95 North Central 2.91 – 3.07 2.96 7.93 – 8.04 7.98 Northeast 2.92 – 3.08 2.99 7.97 – 8.21 8.08 Southwest 2.87 – 3.07 2.99 7.99 – 8.02 7.97 South Central 2.89 – 3.16 2.97 7.97 – 8.32 8.04 Southeast 2.97 – 3.31 3.09 8.07 – 8.27 8.18 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 16:38 ja