Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2024-02-28

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Iowa Daily Cash Grain Bids

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

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered10.7400–10.9825/bu+0.03−60–−47¢/BuMarch (H)14.3345
Northeast
Country ElevatorsUS #1Delivered10.7025–11.0500/bu+0.03−75–−29¢/BuMay (K)14.2158
Northwest
Country ElevatorsUS #1Delivered10.6525–10.8525/bu+0.09−80–−60¢/BuMay (K)14.5739
South Central
Country ElevatorsUS #1Delivered10.8125–10.8725/bu+0.07−64–−58¢/BuMay (K)14.4954
Southeast
Country ElevatorsUS #1Delivered10.7800–11.0500/bu+0.03−56–−29¢/BuMarch (H)14.5982
Southwest
Country ElevatorsUS #1Delivered10.7400–11.0025/bu+0.03−60–−45¢/BuMarch (H)14.7254
Terminal ElevatorsUS #1Delivered11.1200–11.2525/bu+0.08−22–−20¢/BuMarch (H)15.0075
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Mills and ProcessorsUS #1Delivered10.8025–11.2900/bu+0.05−65–−5¢/BuMay (K)14.6245

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered3.9050–4.2450/bu+0.05−38–−4¢/BuMay (K)6.3935
Northeast
Country ElevatorsUS #2Delivered4.0525–4.2850/bu+0.07−8–0¢/BuMarch (H)6.2075
Northwest
Country ElevatorsUS #2Delivered3.9750–4.2850/bu+0.05−31–0¢/BuMay (K)6.6561
South Central
Country ElevatorsUS #2Delivered3.9525–4.1850/bu+0.08−18–−10¢/BuMarch (H)6.3504
Southeast
Country ElevatorsUS #2Delivered3.8025–4.1825/bu+0.05−33–+5¢/BuMarch (H)6.1804
Southwest
Country ElevatorsUS #2Delivered3.8325–4.2050/bu+0.06−30–−8¢/BuMarch (H)6.5075
Terminal ElevatorsUS #2Delivered4.1825–4.2525/bu+0.05+5–+12¢/BuMarch (H)6.6025
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.