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USDA Iowa Country Grain Bids 04/28 16:00

USDA Iowa Country Grain Bids 04/28 16:00

Iowa Daily Cash Grain Bids
AMS_2850
04/28/2026




The discrepancy in corn basis change from CBoT appears to be due to the 
change in futures from May to July.
This should resolve within the next few days.
 
 
State Average Price: Corn -- $4.34 (-.31N) Up 10 cents | Soybeans -- 
$11.12 (-.61N) Up 5 centsnTerminal Elevators: Southwest Region - Council 
Bluffs locations.

Coarse
Bid
US #1  Soybeans  bulk
 
Country Elevators-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
North Central
Current     -86N/-73N                    11.03-11.16UP .13-UP .01   11.11 D-T   

Northeast
Current     -84N/-57N                    11.05-11.32UP .08-UP .10   11.14 D-T   

Northwest
Current     -84K/-75N                    10.89-11.14DN .04-UP .02   11.09 D-T   

South Central
Current     -73K/-50N                    11.00-11.39DN .02-UP .02   11.14 D-T   

Southeast
Current     -85K/-39K    UNCH 0-UP 5     10.88-11.34DN .04-UP .00   11.13 D-T   

Southwest
Current     -65K/-72N                    11.08-11.17UP .05-UP .04   11.13 D-T   

Mills and Processors-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Current     -75N/-25N                    11.14-11.64UP .12          11.39 D-T   

Terminal Elevators-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
Southwest
Current     -66N/-66N                    11.23      DN .01          11.23 D-T   


US #2 Yellow Corn  bulk
 
Country Elevators-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
North Central
Current     -53N/-34N                    4.22-4.41  UP .04-UP .11   4.33  D-T   

Northeast
Current     -42K/-20K    UNCH 0          4.23-4.45  UP .04          4.34  D-T   

Northwest
Current     -40K/-20K    UP 4-UNCH 0     4.25-4.45  UP .08-UP .04   4.34  D-T   

South Central
Current     -42N/-15K                    4.33-4.50  UP .14-UP .04   4.37  D-T   

Southeast
Current     -50K/-8K     UP 1-UNCH 0     4.15-4.57  UP .05-UP .04   4.29  D-T   

Southwest
Current     -37K/-25N                    4.28-4.50  UP .12-UP .14   4.35  D-T   

Terminal Elevators-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
Southwest
Current     -24N/-4K                     4.51-4.61  UP .08-UP .04   4.56  D-T   



*some data may have been truncated for formatting purposes*

CBOT/KCBT/MGE Trade month symbols:  F January; G February; H March; J April; K
May; M June; N July; Q August; U September; V October; X November; Z December

/NC: New Crop
/OC: Old Crop
/FN: Falling Numbers

Freight Codes:
FOB: Freight On Board
DLVD: Delivered
T: Truck, R: Rail, RB: River Barge, T/R: Truck/Rail, R/B: Rail/Barge,
T/R/B: Truck/Rail/Barge

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