Updated Daily — USDA AMS

Grinnell, IA Grain Cash Bids

Compare local elevator bids for corn, soybeans, and wheat near Grinnell, Poweshiek County.

Today's Cash Bids Near Grinnell, IA

Corn (CBOT Dec)
$4.82
Basis: −$0.18
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Soybeans (CBOT Nov)
$10.41
Basis: −$0.24
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Wheat (CBOT Jul)
$5.12
Basis: −$0.28
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Iowa State Avg
$4.76
Corn
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Local Elevator Market Context — Grinnell

East-central Iowa grain market. Poweshiek County is a consistent Iowa corn and soybean producer. Multiple commercial elevators compete. Grinnell College's research infrastructure supports local market intelligence.

Grinnell sits in Poweshiek County — a reliable corn and soybean producing county in east-central Iowa. River access via the Iowa River corridor connects to southeastern export facilities. Bids here track the Iowa River basis and POET's eastern Iowa ethanol network. Soybean bids follow ADM's Cedar Rapids crush spread.

Cash bids for Grinnell area elevators are reported to USDA AMS through the Iowa Daily Grain Report. GrainBrief pulls this data every morning at 6:00 AM CT. Sign up free to see the current bid and historical basis chart for Grinnell.

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Understanding Grinnell Grain Basis

Grain basis is the difference between the local elevator cash bid and the nearby CBOT futures contract. For Grinnell, Poweshiek County, the basis reflects transportation costs to export terminals, local supply and demand balance, and elevator margin.

A strengthening basis (moving toward zero or positive) means local demand is increasing relative to futures — elevators are bidding more aggressively for your grain. A weakening basis means local supply is ample or export demand has softened.

Factors that affect Grinnell area basis include: proximity to river export terminals, local processor demand (ethanol, crush, livestock feeding), seasonal harvest pressure, and freight costs from this location to terminal markets.

Basis SignalWhat It MeansMarketing Implication
Basis narrows (strengthens) Local demand exceeding local supply; elevator bidding up Good time to sell — local pricing is strong relative to futures
Basis widens (weakens) Local supply ample; elevator has less urgency to buy Consider storing if carry is positive on futures — wait for demand signal
Basis vs. 5-yr average Compare current basis to historical seasonal pattern If current basis is stronger than average, seasonal advantage may not persist

Market Signals Affecting Grinnell Bids

CFTC COT — Managed Money
USDA Export Sales Pace
Ethanol Crush Margin
Soybean Crush Margin

More Iowa Grain Price Pages

Frequently Asked Questions — Grinnell Cash Bids

Where does GrainBrief get Grinnell cash bid data?

GrainBrief pulls daily grain cash bid data from USDA Agricultural Marketing Service (AMS) via their MARS API. The Iowa Daily Grain Report covers elevator bids reported throughout the state each morning. This is the same underlying data used by DTN, Barchart, and other commercial grain data providers.

How often is the Grinnell data updated?

GrainBrief ingests USDA AMS data daily at 6:00 AM CT. USDA typically publishes Iowa grain bids between 9:00 AM and noon local time. Create a free account to get email alerts when new bids are posted.

Can I submit a bid I heard at my local elevator?

Yes — use the What's Your Bid? form to anonymously submit your local elevator's cash bid. Your submission helps other farmers in Poweshiek County and surrounding areas benchmark whether they're getting a competitive price. No sign-in required and your IP address is never stored.

Page reviewed: 2026-06-03 Topic: grinnell iowa cash bids Sources: USDA AMS, local elevator bid context, futures basis relationships, freight, storage, and GrainBrief source-health checks

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