Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2024-03-11

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Mon, Mar 11
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered11.1425–11.3425/bu+0.05−65–−45¢/BuMay (K)14.2905
Northeast
Country ElevatorsUS #1Delivered11.1825–11.5025/bu+0.05−61–−29¢/BuMay (K)14.2158
Northwest
Country ElevatorsUS #1Delivered10.9925–11.1925/bu+0.05−80–−60¢/BuMay (K)14.5325
South Central
Country ElevatorsUS #1Delivered11.1925–11.3125/bu+0.05−60–−48¢/BuMay (K)14.5368
Southeast
Country ElevatorsUS #1Delivered11.1825–11.4525/bu+0.06−61–−34¢/BuMay (K)14.5668
Southwest
Country ElevatorsUS #1Delivered11.1625–11.3425/bu+0.02−63–−45¢/BuMay (K)14.7111
Terminal ElevatorsUS #1Delivered11.5425–11.5925/bu+0.02−25–−20¢/BuMay (K)14.9825
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Mills and ProcessorsUS #1Delivered11.1425–11.7425/bu+0.05−65–−5¢/BuMay (K)14.5695

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered4.0675–4.3375/bu+0.02−35–−8¢/BuMay (K)6.1690
Northeast
Country ElevatorsUS #2Delivered4.2575–4.4475/bu+0.02−16–+3¢/BuMay (K)6.0150
Northwest
Country ElevatorsUS #2Delivered4.2175–4.3975/bu+0.02−20–−2¢/BuMay (K)6.4579
South Central
Country ElevatorsUS #2Delivered4.0875–4.2675/bu+0.01−33–−15¢/BuMay (K)6.1679
Southeast
Country ElevatorsUS #2Delivered3.9875–4.3575/bu+0.02−43–−6¢/BuMay (K)5.9607
Southwest
Country ElevatorsUS #2Delivered4.0375–4.3375/bu+0.04−38–−8¢/BuMay (K)6.2907
Terminal ElevatorsUS #2Delivered4.4275–4.4675/bu+0.01+1–+5¢/BuMay (K)6.3350
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.