Iowa Daily Cash Grain Bids

Iowa · Des Moines · Thu, Feb 24
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered15.6600–15.9150/bu+0.24−88–−65¢/BuMay (K)
Northeast
Country ElevatorsUS #1Delivered15.5400–16.1150/bu+0.26−100–−47¢/BuMay (K)
Northwest
Country ElevatorsUS #1Delivered15.7900–15.9400/bu+0.22−75–−60¢/BuMay (K)13.6307
South Central
Country ElevatorsUS #1Delivered15.7600–16.0900/bu+0.19−80–−45¢/BuMarch (H)
Southeast
Country ElevatorsUS #1Delivered15.6700–16.3150/bu+0.36−87–−30¢/BuMay (K)
Southwest
Country ElevatorsUS #1Delivered15.8400–16.4350/bu+0.17−70–−18¢/BuMay (K)13.7083
Terminal ElevatorsUS #1Delivered16.2650–16.5650/bu+0.14−35–−5¢/BuMarch (H)
Mills and ProcessorsUS #1Delivered15.5675–16.4900/bu+0.43−80–−5¢/BuMay (K)

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered6.6225–6.7900/bu+0.06−32–−16¢/BuMarch (H)
Northeast
Country ElevatorsUS #2Delivered6.4325–6.7525/bu+0.08−47–−15¢/BuMay (K)
Northwest
Country ElevatorsUS #2Delivered6.5825–6.8025/bu−32–−10¢/BuMay (K)5.3004
South Central
Country ElevatorsUS #2Delivered6.5225–6.7500/bu+0.03−38–−20¢/BuMay (K)
Southeast
Country ElevatorsUS #2Delivered6.5500–6.9500/bu+0.11−40–0¢/BuMarch (H)
Southwest
Country ElevatorsUS #2Delivered6.3025–6.6525/bu+0.07−60–−25¢/BuMay (K)
Terminal ElevatorsUS #2Delivered6.8600–6.8800/bu+0.11−9–−7¢/BuMarch (H)5.3575
Source: USDA AMS · Des Moines, IA. Bids are what buyers offered on the day USDA collected them, not settled trades. Change and year-ago figures are USDA's own — nothing on this page is recomputed, and prices in different units are never averaged together.