DJ USDA Interior Iowa Cash Grain Prices - Aug 27 (ENG)

NW_GR110 Thurs. Aug. 27, 2009   IA Dept. of Ag-USDA Market News
Interior Iowa Daily Grain Prices

Closing cash grain bids offered to producers as of 2:30 p.m.
Dollars per bushel, delivered to Interior Iowa Country Elevators.

US 2 Yellow Corn Prices were generally 2 to 3 cents higher for a state average
of 3.04.

US 1 Yellow Soybeans Prices were generally 9 to 20 cents higher for a state
average of 11.13.


       Iowa Regions         #2 Yellow Corn           #1 Yellow Soybeans
                           Range        Avg        Range        Avg
       Northwest        2.91  3.04    2.97    10.71  11.26    10.97
       North Central    2.96  3.13    3.02    10.36  11.56    11.09
       Northeast        3.12  3.20    3.16    10.96  11.39    11.17
       Southwest        2.83  3.04    2.96    10.85  11.36    11.21
       South Central    2.92  3.13    3.00    10.91  11.50    11.23
       Southeast        2.96  3.25    3.17    11.10  11.45    11.27


Corn basis to STATE AVERAGE PRICE for the CBOT Sept.
contract is -.19

Soybean basis to STATE AVERAGE PRICE for the CBOT Sept.
contract is -.01

This report was prepared by the Marketing Bureau, Iowa Department of
Agriculture and Land Stewardship. An audio version is available at
800-383-3755.

Source:  USDA Market News Des Moines, Iowa
515-284-4460   www.marketnews.usda.gov

Iowa Dept of Agriculture
515-281-8604
www.iowaagriculture.gov/dailygrain.html

16:12 ja