Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2024-03-28

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Thu, Mar 28
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered11.3150–11.4150/bu+0.01−60–−50¢/BuMay (K)14.1900
Northeast
Country ElevatorsUS #1Delivered11.3150–11.6150/bu+0.01−60–−30¢/BuMay (K)14.1217
Northwest
Country ElevatorsUS #1Delivered11.1650–11.3650/bu+0.01−75–−55¢/BuMay (K)14.3236
South Central
Country ElevatorsUS #1Delivered11.3750–11.4350/bu+0.01−54–−48¢/BuMay (K)14.2814
Southeast
Country ElevatorsUS #1Delivered11.2450–11.5650/bu+0.01−67–−35¢/BuMay (K)14.3636
Southwest
Country ElevatorsUS #1Delivered11.3150–11.4350/bu+0.01−60–−48¢/BuMay (K)14.4843
Terminal ElevatorsUS #1Delivered11.7150–11.7650/bu+0.01−20–−15¢/BuMay (K)14.8225
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Mills and ProcessorsUS #1Delivered11.2650–11.8150/bu+0.01−65–−10¢/BuMay (K)14.5120

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered4.1800–4.4700/bu+0.15−24–+5¢/BuMay (K)6.6110
Northeast
Country ElevatorsUS #2Delivered4.3100–4.5500/bu+0.15−11–+13¢/BuMay (K)6.4583
Northwest
Country ElevatorsUS #2Delivered4.3000–4.4200/bu+0.16−12–0¢/BuMay (K)6.8807
South Central
Country ElevatorsUS #2Delivered4.1700–4.4700/bu+0.11−25–+5¢/BuMay (K)6.6593
Southeast
Country ElevatorsUS #2Delivered4.0700–4.3400/bu+0.15−35–−8¢/BuMay (K)6.3964
Southwest
Country ElevatorsUS #2Delivered4.0200–4.3900/bu+0.16−40–−3¢/BuMay (K)6.6750
Terminal ElevatorsUS #2Delivered4.4700–4.5200/bu+0.11+5–+10¢/BuMay (K)6.8100
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.