Daily Grain Report

NW_GR110 Thurs. Jan. 15 , 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 mixed from 2 lower to 1 cent higher for a state average of 3.33.

US 1 Yellow Soybeans Prices were generally steady to 23 to 24 cents higher for a state average of 9.32.

Iowa Regions	#2 Yellow Corn		#1 Yellow Soybeans
	Range	Avg.	Range	Avg.
Northwest	3.23 - 3.41	3.33	9.29 - 9.39	9.36
North Central	3.30 - 3.34	3.32	9.19 - 9.39	9.32
Northeast	3.22 - 3.41	3.32	9.12 - 9.30	9.18
Southwest	3.18 - 3.39	3.30	9.26 - 9.50	9.38
South Central	3.30 - 3.60	3.38	9.19 - 9.43	9.36
South East	3.06 - 3.46	3.35	9.27 - 9.38	9.32

Corn Basis to STATE AVERAGE PRICE for the CBOT March contract is -.33

Soybean basis to STATE AVERAGE PRICE for the CBOT March contract is -.62

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/agMarketing/dailyGrainPrices.asp

16:29 ja

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Mailing Address: IDALS, Wallace State Office Building, 502 E. 9th Street, Des Moines, IA 50319: PH: 515-281-5321