Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2024-02-07

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Wed, Feb 7
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered11.2900–11.3900/bu+0.11−60–−50¢/BuMarch (H)14.5805
Northeast
Country ElevatorsUS #1Delivered11.2500–11.5400/bu+0.11−64–−35¢/BuMarch (H)14.4200
Northwest
Country ElevatorsUS #1Delivered11.1400–11.3400/bu+0.11−75–−55¢/BuMarch (H)14.8475
South Central
Country ElevatorsUS #1Delivered11.3200–11.4900/bu+0.13−57–−40¢/BuMarch (H)14.7132
Southeast
Country ElevatorsUS #1Delivered11.3200–11.5900/bu+0.09−57–−30¢/BuMarch (H)14.6504
Southwest
Country ElevatorsUS #1Delivered11.2900–11.4900/bu+0.11−60–−40¢/BuMarch (H)15.0018
Terminal ElevatorsUS #1Delivered11.6400–11.6900/bu+0.11−25–−20¢/BuMarch (H)15.2825
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Mills and ProcessorsUS #1Delivered11.3400–11.7400/bu+0.11−55–−15¢/BuMarch (H)14.9025

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered4.1225–4.3225/bu+0.05−22–−2¢/BuMarch (H)6.8168
Northeast
Country ElevatorsUS #2Delivered4.1125–4.4425/bu+0.05−23–+10¢/BuMarch (H)6.6125
Northwest
Country ElevatorsUS #2Delivered4.2025–4.4225/bu+0.05−14–+8¢/BuMarch (H)7.0090
South Central
Country ElevatorsUS #2Delivered4.1125–4.3425/bu+0.05−23–0¢/BuMarch (H)6.7707
Southeast
Country ElevatorsUS #2Delivered3.9425–4.3225/bu+0.06−40–−2¢/BuMarch (H)6.5064
Southwest
Country ElevatorsUS #2Delivered4.1025–4.2925/bu+0.02−24–−5¢/BuMarch (H)6.9250
Terminal ElevatorsUS #2Delivered4.3825–4.4725/bu+0.05+4–+13¢/BuMarch (H)7.1000
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.