Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2023-03-08

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Iowa Daily Cash Grain Bids

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

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
South Central
Country ElevatorsUS #1Delivered14.6075–14.8775/bu+0.02−57–−30¢/BuMay (K)15.7275
Southeast
Country ElevatorsUS #1Delivered14.4075–15.0275/bu+0.02−77–−15¢/BuMay (K)16.0468
Southwest
Country ElevatorsUS #1Delivered14.7675–15.0475/bu+0.02−41–−13¢/BuMay (K)15.9304
Terminal ElevatorsUS #1Delivered15.1675–15.3275/bu+0.02−1–+15¢/BuMay (K)16.2175
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Mills and ProcessorsUS #1Delivered14.5275–15.3275/bu+0.02−65–+15¢/BuMay (K)15.8025
North Central
Country ElevatorsUS #1Delivered14.3275–14.6775/bu+0.02−85–−50¢/BuMay (K)15.6560
Northeast
Country ElevatorsUS #1Delivered14.2775–14.6575/bu+0.02−90–−52¢/BuMay (K)15.7703
Northwest
Country ElevatorsUS #1Delivered14.6675–14.9275/bu+0.02−51–−25¢/BuMay (K)15.7711

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered6.0750–6.4850/bu+0.09−18–+23¢/BuMay (K)6.8895
Northeast
Country ElevatorsUS #2Delivered5.9450–6.2450/bu+0.09−31–−1¢/BuMay (K)6.7942
Northwest
Country ElevatorsUS #2Delivered6.3950–6.7750/bu+0.09+14–+52¢/BuMay (K)6.9561
South Central
Country ElevatorsUS #2Delivered6.1350–6.4050/bu+0.09−12–+15¢/BuMay (K)6.8136
Southeast
Country ElevatorsUS #2Delivered5.8150–6.3550/bu+0.09−44–+10¢/BuMay (K)6.8796
Southwest
Country ElevatorsUS #2Delivered6.3650–6.4850/bu+0.08+11–+23¢/BuMay (K)6.8121
Terminal ElevatorsUS #2Delivered6.5050/bu+0.09+25¢/BuMay (K)6.9575
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.