Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2023-02-28

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Tue, Feb 28
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered13.8400–14.3400/bu+0.34−95–−45¢/BuMay (K)16.1795
Northeast
Country ElevatorsUS #1Delivered13.9000–14.2350/bu+0.33−89–−62¢/BuMay (K)16.2106
Northwest
Country ElevatorsUS #1Delivered14.2800–14.5400/bu+0.34−51–−25¢/BuMay (K)16.2386
South Central
Country ElevatorsUS #1Delivered14.2200–14.4900/bu+0.34−57–−30¢/BuMay (K)16.2143
Southeast
Country ElevatorsUS #1Delivered14.0200–14.5900/bu+0.02−77–−20¢/BuMay (K)16.4400
Southwest
Country ElevatorsUS #1Delivered14.3800–14.6600/bu+0.34−41–−13¢/BuMay (K)16.3783
Terminal ElevatorsUS #1Delivered14.7700–14.9400/bu+0.34−2–+15¢/BuMay (K)16.6600
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Mills and ProcessorsUS #1Delivered14.1400–14.9400/bu+0.34−65–+15¢/BuMay (K)16.3500

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered6.1225–6.5025/bu+0.13−18–+20¢/BuMay (K)7.0055
Northeast
Country ElevatorsUS #2Delivered6.0225–6.2925/bu+0.13−28–−1¢/BuMay (K)6.9497
Northwest
Country ElevatorsUS #2Delivered6.4025–6.8225/bu+0.13+10–+52¢/BuMay (K)7.0389
South Central
Country ElevatorsUS #2Delivered6.1825–6.4025/bu+0.13−12–+10¢/BuMay (K)6.9389
Southeast
Country ElevatorsUS #2Delivered6.0125–6.3325/bu+0.07−29–+3¢/BuMay (K)6.9546
Southwest
Country ElevatorsUS #2Delivered6.3725–6.5025/bu+0.15+7–+20¢/BuMay (K)6.8575
Terminal ElevatorsUS #2Delivered6.5425–6.5525/bu+0.14+24–+25¢/BuMay (K)7.1325
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.