Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2024-03-08

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Fri, Mar 8
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered11.1900–11.3200/bu+0.18−65–−52¢/BuMay (K)14.4330
Northeast
Country ElevatorsUS #1Delivered11.2300–11.5500/bu+0.23−61–−29¢/BuMay (K)14.3767
Northwest
Country ElevatorsUS #1Delivered11.0400–11.2400/bu+0.18−80–−60¢/BuMay (K)14.7029
South Central
Country ElevatorsUS #1Delivered11.2400–11.3600/bu+0.18−60–−48¢/BuMay (K)14.6329
Southeast
Country ElevatorsUS #1Delivered11.2400–11.5000/bu+0.19−60–−34¢/BuMay (K)14.7200
Southwest
Country ElevatorsUS #1Delivered11.1450–11.3900/bu+0.14−56–−45¢/BuMarch (H)14.8457
Terminal ElevatorsUS #1Delivered11.5600–11.6400/bu+0.18−28–−20¢/BuMay (K)15.1400
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Mills and ProcessorsUS #1Delivered11.1900–11.7900/bu+0.18−65–−5¢/BuMay (K)14.7270

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered4.0475–4.3175/bu+0.02−35–−8¢/BuMay (K)6.2055
Northeast
Country ElevatorsUS #2Delivered4.2375–4.4275/bu+0.04−16–+3¢/BuMay (K)6.0425
Northwest
Country ElevatorsUS #2Delivered4.1975–4.3775/bu+0.13−20–−2¢/BuMay (K)6.4896
South Central
Country ElevatorsUS #2Delivered4.0775–4.2475/bu+0.02−32–−15¢/BuMay (K)6.2425
Southeast
Country ElevatorsUS #2Delivered3.9675–4.3375/bu+0.02−43–−6¢/BuMay (K)6.0225
Southwest
Country ElevatorsUS #2Delivered3.9975–4.3175/bu+0.02−40–−8¢/BuMay (K)6.3282
Terminal ElevatorsUS #2Delivered4.4175–4.4475/bu+0.02+2–+5¢/BuMay (K)6.4225
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.