Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2022-03-16

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Wed, Mar 16
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered15.2200–16.2489/bu+0.11−110–−1.11¢/BuMay (K)—
Northeast
Country ElevatorsUS #1Delivered15.2800–15.9025/bu+0.08−99–−59¢/BuMay (K)13.7153
Northwest
Country ElevatorsUS #1Delivered15.5100–15.6600/bu+0.10−75–−60¢/BuJuly (N)—
South Central
Country ElevatorsUS #1Delivered15.4100–15.7925/bu+0.04−85–−60¢/BuJuly (N)—
Southeast
Country ElevatorsUS #1Delivered15.1600–16.0325/bu+0.10−110–−46¢/BuJuly (N)—
Southwest
Country ElevatorsUS #1Delivered15.5100–15.8600/bu+0.10−75–−40¢/BuJuly (N)—
Terminal ElevatorsUS #1Delivered15.6500–16.2100/bu+0.10−61–−5¢/BuJuly (N)—
—
Mills and ProcessorsUS #1Delivered15.2600–16.2100/bu+0.10−100–−5¢/BuJuly (N)—

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered6.2800–7.0200/bu+0.32−69–−28¢/BuJuly (N)—
Northeast
Country ElevatorsUS #2Delivered6.6600–6.7900/bu+0.32−64–−19¢/BuMay (K)—
Northwest
Country ElevatorsUS #2Delivered6.7500–7.0200/bu+0.28−55–0¢/BuMay (K)—
South Central
Country ElevatorsUS #2Delivered6.6400–6.9000/bu+0.01−40–−20¢/BuMay (K)—
Southeast
Country ElevatorsUS #2Delivered6.6300–7.1500/bu+0.00−54–−15¢/BuMay (K)5.3586
Southwest
Country ElevatorsUS #2Delivered6.6200–6.8400/bu+0.26−55–−13¢/BuMay (K)—
Terminal ElevatorsUS #2Delivered6.5500–7.0000/bu+0.26−42–+3¢/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.