Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2022-03-07

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Mon, Mar 7
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Southwest
Country ElevatorsUS #1Delivered15.5900–16.0950/bu+0.22−75–−30¢/BuJuly (N)—
Terminal ElevatorsUS #1Delivered15.9600–16.2900/bu+0.09−38–−5¢/BuJuly (N)—
—
Mills and ProcessorsUS #1Delivered15.3400–16.2900/bu+0.27−100–−5¢/BuJuly (N)—
North Central
Country ElevatorsUS #1Delivered15.2100–15.6450/bu+0.17−113–−70¢/BuJuly (N)—
Northeast
Country ElevatorsUS #1Delivered15.3400–15.9750/bu+0.36−100–−51¢/BuJuly (N)—
Northwest
Country ElevatorsUS #1Delivered15.5400–15.9150/bu+0.27−80–−60¢/BuJuly (N)—
South Central
Country ElevatorsUS #1Delivered15.5400–15.7950/bu+0.05−90–−60¢/BuMay (K)—
Southeast
Country ElevatorsUS #1Delivered15.3750–16.3250/bu+0.01−122–−27¢/BuMay (K)13.9146

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered6.6825–7.2375/bu+0.26−59–−27¢/BuJuly (N)—
Northeast
Country ElevatorsUS #2Delivered6.8725–7.0775/bu+0.01−62–−20¢/BuMay (K)—
Northwest
Country ElevatorsUS #2Delivered7.0575–7.3175/bu+0.07−45–0¢/BuMay (K)—
South Central
Country ElevatorsUS #2Delivered6.9425–7.3575/bu+0.01−50–−15¢/BuMay (K)5.2557
Southeast
Country ElevatorsUS #2Delivered6.9475–7.4975/bu+0.04−56–−1¢/BuMay (K)5.2429
Southwest
Country ElevatorsUS #2Delivered6.9075–7.1225/bu+0.14−60–−15¢/BuMay (K)—
Terminal ElevatorsUS #2Delivered7.1125–7.1725/bu+0.04−16–−10¢/BuJuly (N)—
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.