Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2022-03-02

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Wed, Mar 2
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered15.6600–15.9500/bu+0.39−97–−68¢/BuMay (K)13.6572
Northeast
Country ElevatorsUS #1Delivered15.6700–16.1750/bu+0.33−96–−50¢/BuMay (K)13.5917
Northwest
Country ElevatorsUS #1Delivered15.8800–16.0300/bu+0.32−75–−60¢/BuMay (K)13.6664
South Central
Country ElevatorsUS #1Delivered15.7800–16.1800/bu+0.27−85–−45¢/BuMay (K)13.7421
Southeast
Country ElevatorsUS #1Delivered15.6700–16.4100/bu+0.41−96–−22¢/BuMay (K)13.6421
Southwest
Country ElevatorsUS #1Delivered15.9300–16.4000/bu+0.27−70–−23¢/BuMay (K)13.7479
Terminal ElevatorsUS #1Delivered16.2500–16.5300/bu+0.27−38–−10¢/BuMay (K)14.0000
—
Mills and ProcessorsUS #1Delivered15.7300–16.5300/bu+0.37−90–−10¢/BuMay (K)—

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered6.7900–7.0800/bu+0.10−46–−17¢/BuMay (K)5.1625
Northeast
Country ElevatorsUS #2Delivered6.6800–7.0200/bu+0.16−57–−28¢/BuMay (K)5.1081
Northwest
Country ElevatorsUS #2Delivered6.9100–7.1000/bu+0.01−34–−15¢/BuMay (K)5.1582
South Central
Country ElevatorsUS #2Delivered6.8500–7.0300/bu+0.03−40–−22¢/BuMay (K)5.1382
Southeast
Country ElevatorsUS #2Delivered6.4700–7.2400/bu+0.29−78–−1¢/BuMay (K)5.1354
Southwest
Country ElevatorsUS #2Delivered6.5500–6.9700/bu+0.04−70–−28¢/BuMay (K)5.1696
Terminal ElevatorsUS #2Delivered7.1100–7.1400/bu+0.01−14–−11¢/BuMay (K)5.1975
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.