Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2024-03-20

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Wed, Mar 20
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered11.4450–11.5750/bu+0.24−65–−52¢/BuMay (K)13.9090
Northeast
Country ElevatorsUS #1Delivered11.4850–11.7950/bu+0.24−61–−30¢/BuMay (K)13.8461
Northwest
Country ElevatorsUS #1Delivered11.2750–11.5450/bu+0.24−82–−55¢/BuMay (K)14.1993
South Central
Country ElevatorsUS #1Delivered11.4950–11.6150/bu+0.24−60–−48¢/BuMay (K)14.0379
Southeast
Country ElevatorsUS #1Delivered11.4450–11.7150/bu+0.24−65–−38¢/BuMay (K)14.1364
Southwest
Country ElevatorsUS #1Delivered11.4950–11.6450/bu+0.24−60–−45¢/BuMay (K)14.2936
Terminal ElevatorsUS #1Delivered11.8650–11.8950/bu+0.24−23–−20¢/BuMay (K)14.4800
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Mills and ProcessorsUS #1Delivered11.4450–12.0450/bu+0.24−65–−5¢/BuMay (K)14.3370

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered4.1100–4.3600/bu+0.01−28–−3¢/BuMay (K)6.4380
Northeast
Country ElevatorsUS #2Delivered4.2500–4.4400/bu+0.01−14–+5¢/BuMay (K)6.2572
Northwest
Country ElevatorsUS #2Delivered4.2200–4.3900/bu+0.01−17–0¢/BuMay (K)6.7207
South Central
Country ElevatorsUS #2Delivered4.1400–4.3100/bu+0.01−25–−8¢/BuMay (K)6.4779
Southeast
Country ElevatorsUS #2Delivered4.0400–4.3300/bu+0.13−35–−6¢/BuMay (K)6.2193
Southwest
Country ElevatorsUS #2Delivered3.9900–4.3100/bu+0.01−40–−8¢/BuMay (K)6.5007
Terminal ElevatorsUS #2Delivered4.4400/bu+0.11+5¢/BuMay (K)6.6650
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.