Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2025-02-28

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Fri, Feb 28
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered9.4150–9.5575/bu+0.06−70¢/BuMarch (H)10.9165
Northeast
Country ElevatorsUS #1Delivered9.4375–9.6650/bu+0.04−82–−45¢/BuMay (K)11.0178
Northwest
Country ElevatorsUS #1Delivered9.4575–9.5575/bu+0.10−80–−70¢/BuMay (K)10.8225
South Central
Country ElevatorsUS #1Delivered9.3750–9.5550/bu+0.11−74–−56¢/BuMarch (H)10.9050
Southeast
Country ElevatorsUS #1Delivered9.4250–9.7275/bu+0.05−69–−53¢/BuMarch (H)11.0543
Southwest
Country ElevatorsUS #1Delivered9.4050–9.6575/bu+0.11−71–−60¢/BuMarch (H)10.9221
Terminal ElevatorsUS #1Delivered9.6850/bu+0.11−43¢/BuMarch (H)11.2475
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Mills and ProcessorsUS #1Delivered9.6650–9.9150/bu+0.11−45–−20¢/BuMarch (H)11.1525

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered4.2150–4.3750/bu+0.05−32–−16¢/BuMarch (H)4.0365
Northeast
Country ElevatorsUS #2Delivered4.1850–4.4550/bu+0.11−35–−24¢/BuMarch (H)4.1031
Northwest
Country ElevatorsUS #2Delivered4.2150–4.4550/bu+0.01−32–−24¢/BuMarch (H)4.0632
South Central
Country ElevatorsUS #2Delivered4.1550–4.3950/bu+0.09−38–−30¢/BuMarch (H)3.9868
Southeast
Country ElevatorsUS #2Delivered3.8950–4.2950/bu+0.25−80–−40¢/BuMay (K)3.9704
Southwest
Country ElevatorsUS #2Delivered4.0850–4.4050/bu+0.08−45–−29¢/BuMarch (H)4.0100
Terminal ElevatorsUS #2Delivered4.4350–4.4750/bu+0.11−10–−22¢/BuMarch (H)4.2125
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.