Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2024-02-01

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Thu, Feb 1
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered11.4325–11.5825/bu+0.19−60–−45¢/BuMarch (H)14.7555
Northeast
Country ElevatorsUS #1Delivered11.3925–11.6725/bu+0.19−64–−36¢/BuMarch (H)14.5847
Northwest
Country ElevatorsUS #1Delivered11.2825–11.4825/bu+0.19−75–−55¢/BuMarch (H)15.0268
South Central
Country ElevatorsUS #1Delivered11.4825–11.5825/bu+0.19−55–−45¢/BuMarch (H)14.8925
Southeast
Country ElevatorsUS #1Delivered11.3625–11.7725/bu+0.19−67–−26¢/BuMarch (H)14.8025
Southwest
Country ElevatorsUS #1Delivered11.4325–11.6225/bu+0.19−60–−41¢/BuMarch (H)15.1854
Terminal ElevatorsUS #1Delivered11.7825–11.8325/bu+0.19−25–−20¢/BuMarch (H)15.4425
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Mills and ProcessorsUS #1Delivered11.5325–11.8825/bu+0.09−50–−15¢/BuMarch (H)15.1375

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered4.2525–4.4425/bu+0.01−22–−3¢/BuMarch (H)6.7725
Northeast
Country ElevatorsUS #2Delivered4.3725–4.5225/bu+0.02−10–+5¢/BuMarch (H)6.5847
Northwest
Country ElevatorsUS #2Delivered4.3325–4.5725/bu+0.01−14–+10¢/BuMarch (H)7.0496
South Central
Country ElevatorsUS #2Delivered4.2725–4.4725/bu+0.01−20–0¢/BuMarch (H)6.7311
Southeast
Country ElevatorsUS #2Delivered4.0525–4.4425/bu+0.01−42–−3¢/BuMarch (H)6.5039
Southwest
Country ElevatorsUS #2Delivered4.2225–4.4325/bu+0.01−25–−4¢/BuMarch (H)6.8854
Terminal ElevatorsUS #2Delivered4.5525–4.6025/bu+0.01+8–+13¢/BuMarch (H)7.1125
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.