Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2023-02-16

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Thu, Feb 16
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered14.3650–14.8125/bu+0.04−90–−40¢/BuMarch (H)15.2220
Northeast
Country ElevatorsUS #1Delivered14.4050–14.5950/bu+0.01−86–−65¢/BuMarch (H)15.2100
Northwest
Country ElevatorsUS #1Delivered14.8125–15.0225/bu+0.02−40–−19¢/BuMay (K)15.2871
South Central
Country ElevatorsUS #1Delivered14.6125–14.9425/bu+0.02−60–−27¢/BuMay (K)15.3014
Southeast
Country ElevatorsUS #1Delivered14.2650–14.9550/bu+0.01−100–−31¢/BuMarch (H)15.4200
Southwest
Country ElevatorsUS #1Delivered14.9125–15.2125/bu+0.02−30–0¢/BuMay (K)15.4843
Terminal ElevatorsUS #1Delivered15.1925–15.4125/bu+0.02−2–+20¢/BuMay (K)15.6700
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Mills and ProcessorsUS #1Delivered14.6625–15.4125/bu+0.02−55–+20¢/BuMay (K)15.4300

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered6.5800–6.9600/bu+0.00−18–+20¢/BuMarch (H)6.3630
Northeast
Country ElevatorsUS #2Delivered6.3300–6.7300/bu+0.00−43–−3¢/BuMarch (H)6.2467
Northwest
Country ElevatorsUS #2Delivered6.8600–7.2600/bu+0.00+10–+50¢/BuMarch (H)6.4043
South Central
Country ElevatorsUS #2Delivered6.6200–6.8100/bu+0.00−14–+5¢/BuMarch (H)6.2243
Southeast
Country ElevatorsUS #2Delivered6.3600–6.6800/bu+0.00−40–−8¢/BuMarch (H)6.2157
Southwest
Country ElevatorsUS #2Delivered6.8100–6.9600/bu+0.00+5–+20¢/BuMarch (H)6.2057
Terminal ElevatorsUS #2Delivered7.0000–7.0200/bu+0.00+24–+26¢/BuMarch (H)6.4200
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.