Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2024-03-12

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Tue, Mar 12
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered11.3100–11.5200/bu+0.17−65–−44¢/BuMay (K)14.3155
Northeast
Country ElevatorsUS #1Delivered11.3500–11.6700/bu+0.17−61–−29¢/BuMay (K)14.2486
Northwest
Country ElevatorsUS #1Delivered11.1600–11.3600/bu+0.17−80–−60¢/BuMay (K)14.5575
South Central
Country ElevatorsUS #1Delivered11.3200–11.4800/bu+0.13−50–−48¢/BuMarch (H)14.5475
Southeast
Country ElevatorsUS #1Delivered11.3300–11.6200/bu+0.15−63–−34¢/BuMay (K)14.5818
Southwest
Country ElevatorsUS #1Delivered11.3600–11.5100/bu+0.20−60–−45¢/BuMay (K)14.7346
Terminal ElevatorsUS #1Delivered11.7600–11.7700/bu+0.22−20–−19¢/BuMay (K)15.0025
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Mills and ProcessorsUS #1Delivered11.3100–11.9100/bu+0.17−65–−5¢/BuMay (K)14.5945

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered4.0675–4.3575/bu—−35–−6¢/BuMay (K)6.2535
Northeast
Country ElevatorsUS #2Delivered4.2575–4.4475/bu—−16–+3¢/BuMay (K)6.1053
Northwest
Country ElevatorsUS #2Delivered4.2275–4.4175/bu+0.01−19–0¢/BuMay (K)6.5304
South Central
Country ElevatorsUS #2Delivered4.0700–4.2675/bu+0.02−22–−15¢/BuMarch (H)6.2946
Southeast
Country ElevatorsUS #2Delivered3.9875–4.3575/bu—−43–−6¢/BuMay (K)6.0804
Southwest
Country ElevatorsUS #2Delivered4.0175–4.3375/bu+0.02−40–−8¢/BuMay (K)6.3461
Terminal ElevatorsUS #2Delivered4.4275–4.4675/bu—+1–+5¢/BuMay (K)6.4575
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.