Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2022-02-28

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Mon, Feb 28
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered15.4875–15.7325/bu+0.52−88–−65¢/BuMay (K)13.4585
Northeast
Country ElevatorsUS #1Delivered15.3575–16.0675/bu+0.51−101–−30¢/BuMay (K)13.4436
Northwest
Country ElevatorsUS #1Delivered15.6675–15.7675/bu+0.57−70–−60¢/BuMay (K)13.4896
South Central
Country ElevatorsUS #1Delivered15.5175–15.8475/bu+0.47−85–−52¢/BuMay (K)13.5839
Southeast
Country ElevatorsUS #1Delivered15.4275–16.0925/bu+0.45−94–−35¢/BuMay (K)—
Southwest
Country ElevatorsUS #1Delivered15.6675–16.1375/bu+0.52−70–−23¢/BuMay (K)13.5508
Terminal ElevatorsUS #1Delivered15.9175–16.3175/bu+0.52−45–−5¢/BuMay (K)13.8375
—
Mills and ProcessorsUS #1Delivered15.5675–16.3175/bu+0.64−80–−5¢/BuMay (K)—

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered6.5650–6.7575/bu+0.35−41–−15¢/BuMarch (H)—
Northeast
Country ElevatorsUS #2Delivered6.4175–6.6975/bu+0.33−49–−21¢/BuMay (K)5.1125
Northwest
Country ElevatorsUS #2Delivered6.5675–6.8075/bu+0.31−34–−10¢/BuMay (K)5.1854
South Central
Country ElevatorsUS #2Delivered6.5075–6.7375/bu+0.33−40–−17¢/BuMay (K)5.1596
Southeast
Country ElevatorsUS #2Delivered6.4475–6.9250/bu+0.33−46–−5¢/BuMay (K)—
Southwest
Country ElevatorsUS #2Delivered6.3075–6.6575/bu+0.35−60–−25¢/BuMay (K)5.1792
Terminal ElevatorsUS #2Delivered6.7675–6.8375/bu+0.31−14–−7¢/BuMay (K)—
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.