Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2024-03-05

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Tue, Mar 5
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered10.8400–10.9400/bu+0.06−65–−55¢/BuMay (K)14.5190
Northeast
Country ElevatorsUS #1Delivered10.8300–11.2000/bu+0.06−66–−29¢/BuMay (K)14.4617
Northwest
Country ElevatorsUS #1Delivered10.6900–10.8900/bu+0.06−80–−60¢/BuMay (K)14.7750
South Central
Country ElevatorsUS #1Delivered10.8575–11.0100/bu+0.06−55–−48¢/BuMarch (H)14.7250
Southeast
Country ElevatorsUS #1Delivered10.8700–11.1500/bu+0.04−62–−34¢/BuMay (K)14.7821
Southwest
Country ElevatorsUS #1Delivered10.8375–11.0400/bu+0.06−57–−45¢/BuMarch (H)14.9350
Terminal ElevatorsUS #1Delivered11.1900–11.2900/bu+0.01−30–−20¢/BuMay (K)15.2250
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Mills and ProcessorsUS #1Delivered10.8400–11.4400/bu+0.06−65–−5¢/BuMay (K)14.8420

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered3.9125–4.1625/bu+0.04−35–−10¢/BuMay (K)6.3835
Northeast
Country ElevatorsUS #2Delivered4.0825–4.2925/bu+0.09−18–+3¢/BuMay (K)6.2092
Northwest
Country ElevatorsUS #2Delivered3.9525–4.2625/bu+0.04−31–0¢/BuMay (K)6.6525
South Central
Country ElevatorsUS #2Delivered3.9325–4.1125/bu+0.05−33–−15¢/BuMay (K)6.3396
Southeast
Country ElevatorsUS #2Delivered3.7825–4.1625/bu+0.04−48–−10¢/BuMay (K)6.1582
Southwest
Country ElevatorsUS #2Delivered3.8625–4.1825/bu+0.10−40–−8¢/BuMay (K)6.4968
Terminal ElevatorsUS #2Delivered4.2225–4.2625/bu+0.04−4–0¢/BuMay (K)6.5925
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.