Grain Bids

Bids are updated as of 1/8/26.

Please contact us @ 319-989-5017 for current bids or contract pricing.

Let us know if you would like to sign up for our daily grain bid text.

* Bids are subject to change

1020 Pembroke Avenue
Lawler, Iowa 52154
Telephone: 641-364-7843
Fax: 641-364-2029   

Discount Schedule

Test Weight:

  • 1¢ each 1 pound or fraction from 53.9# to 52#
  • 3¢ each 1 pound or fraction from 51.9# to 50#
  • 5¢ each 1 pound or fraction from 49.9# to 49#
  • Subject to rejection under 49.0 lb.

Moisture/Shrink:

  • 1.4% shrink per point removed above 15.5%
  • 2.75¢  Drying per point above 17%
  • All Discounts calculated to the nearest tenth of a %

Damage:

  • 2¢ each 1% or fraction from 5.1% to 7.0%
  • 3¢ each 1% or fraction from 7.1% – 10.0%
  • Above 10.0% subject to rejection or discount

Foreign Material

  • 1¢ each 1% or fraction from 5.1% – 7.0%
  • 1.5¢ each 1% or fraction above 7.1% to 9.0%
  • 3¢ each 1% or fraction above 9.1% to 10.0%
  • Above 10.0% subject to rejection or discount

Heat Damage:

  • 1¢ each .1% or fraction from .3% to .5%
  • 2¢ each 1/2 % or fraction from .6% to 5.0%
  • Above 5.0% subject to rejection or discount

Subject to Rejection:

  • Musty
  • Sour
  • Weevils
  • Heating
  • COFO

Contracts

Priced Contract

Producer locks in full price for a cash sale for immediate or deferred delivery.

Basis:

Allows producer to set basis for a delivery period, leaving the futures (CME) price open.

Hedge To Arrive:

Allows the producer to lock in a futures (CME) price, leaving basis and delivery period to be determined at a later date.  Service fees may apply to a HTA contract.

priced later:

5.5 cents per month until December 31st

4 cents per month after

Bushels have to be priced by the market close on July 31st, 2026.

All information above subject to change without notice

Policy change:  All contracts going forward will be discounted at the discount schedule at time of delivery.

Updated 11/25/24