The United States of America Department of Agriculture released interior Iowa elevator grain price as of 2 p.m. Monday.
US 2 Yellow Corn prices were mostly 12 cents higher for a state average of $3.08 per bushel. US 1 Yellow Soybean prices were generally 22 to 23 cents higher for a state average of $8.84 per bushel.
The North Central region in Iowa had a yellow corn price range of $2.98 to $3.39 per bushels and an average price of $3.07. Its yellow soybean price range of $8.80 to $8.88 per bushels and an average price of $8.84.
Corn basis to state average price for the CBOT DEC contract is -.38. Soybean basis to state average price for the CBOT NOV contract is -.61.