NW_GR110 Des Moines, IA Fri May 24, 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 14 cents higher for a state average of 3.71. US 1 Yellow Soybean Prices were generally 8 to 9 cents higher for a state average of 7.49. Iowa Regions #2 Yellow Corn #1 Yellow Soybeans Range Avg Range Avg Northwest 3.70 – 3.98 3.80 7.37 – 7.55 7.45 North Central 3.60 – 3.74 3.70 7.31 – 7.55 7.46 Northeast 3.54 – 3.73 3.66 7.32 – 7.65 7.46 Southwest 3.66 – 3.78 3.73 7.43 – 7.65 7.53 South Central 3.62 – 3.80 3.70 7.48 – 7.73 7.56 Southeast 3.52 – 3.81 3.64 7.45 – 7.70 7.53 Corn basis to STATE AVERAGE PRICE for the CBOT JULY contract -.33 Soybean basis to STATE AVERAGE PRICE for the CBOT JULY contract -.81 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 15:26 ja