Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2022-03-08

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Tue, Mar 8
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Northwest
Country ElevatorsUS #1Delivered15.8575–16.1975/bu+0.32−70–−60¢/BuMay (K)—
North Central
Country ElevatorsUS #1Delivered15.6075–15.9475/bu+0.40−110–−61¢/BuMay (K)—
Northeast
Country ElevatorsUS #1Delivered15.6075–16.4975/bu+0.27−114–−40¢/BuMay (K)13.9289
South Central
Country ElevatorsUS #1Delivered15.6575–16.1975/bu+0.12−90–−60¢/BuJuly (N)—
Southeast
Country ElevatorsUS #1Delivered15.6875–16.3475/bu+0.31−87–−44¢/BuJuly (N)—
Southwest
Country ElevatorsUS #1Delivered15.8575–16.4475/bu+0.27−70–−30¢/BuJuly (N)—
Terminal ElevatorsUS #1Delivered16.1775–16.5075/bu+0.22−38–−5¢/BuJuly (N)—
—
Mills and ProcessorsUS #1Delivered15.5575–16.5075/bu+0.22−100–−5¢/BuJuly (N)—

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered6.8800–7.2600/bu+0.20−60–−27¢/BuMay (K)5.2819
Northeast
Country ElevatorsUS #2Delivered6.8800–7.0800/bu+0.01−61–−20¢/BuMay (K)—
Northwest
Country ElevatorsUS #2Delivered7.0300–7.2600/bu+0.03−50–0¢/BuMay (K)—
South Central
Country ElevatorsUS #2Delivered6.9300–7.1300/bu+0.01−40–−15¢/BuMay (K)—
Southeast
Country ElevatorsUS #2Delivered6.9400–7.3300/bu+0.01−56–−20¢/BuMay (K)5.2346
Southwest
Country ElevatorsUS #2Delivered6.8300–7.1100/bu+0.08−70–−15¢/BuMay (K)—
Terminal ElevatorsUS #2Delivered7.1100–7.1600/bu+0.00−15–−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.