Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2024-02-29

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Thu, Feb 29
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered10.6825–10.8625/bu+0.06−60–−42¢/BuMarch (H)14.4845
Northeast
Country ElevatorsUS #1Delivered10.6575–10.9925/bu+0.05−75–−29¢/BuMay (K)14.3569
Northwest
Country ElevatorsUS #1Delivered10.6075–10.8075/bu+0.05−80–−60¢/BuMay (K)14.7168
South Central
Country ElevatorsUS #1Delivered10.7675–10.8275/bu+0.05−64–−58¢/BuMay (K)14.6454
Southeast
Country ElevatorsUS #1Delivered10.7225–11.0225/bu+0.06−56–−26¢/BuMarch (H)14.7139
Southwest
Country ElevatorsUS #1Delivered10.6825–10.9575/bu+0.06−60–−45¢/BuMarch (H)14.8725
Terminal ElevatorsUS #1Delivered11.0725–11.2075/bu+0.05−21–−20¢/BuMarch (H)15.1575
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Mills and ProcessorsUS #1Delivered10.7575–11.2325/bu+0.05−65–−5¢/BuMay (K)14.7795

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered3.9150–4.1975/bu+0.01−38–+4¢/BuMay (K)6.3805
Northeast
Country ElevatorsUS #2Delivered4.0775–4.2950/bu+0.03−8–0¢/BuMarch (H)6.2019
Northwest
Country ElevatorsUS #2Delivered3.9850–4.2950/bu+0.01−31–0¢/BuMay (K)6.6475
South Central
Country ElevatorsUS #2Delivered3.9575–4.2250/bu+0.01−20–−7¢/BuMarch (H)6.3418
Southeast
Country ElevatorsUS #2Delivered3.8275–4.1950/bu+0.03−33–−10¢/BuMarch (H)6.1504
Southwest
Country ElevatorsUS #2Delivered3.8575–4.2150/bu+0.03−30–−8¢/BuMarch (H)6.4932
Terminal ElevatorsUS #2Delivered4.1275–4.2275/bu+0.06−3–+7¢/BuMarch (H)6.5825
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.