Iowa Corn Basis Map - January 21, 2011 Price Distribution #2061830 (License: Personal Use)

This thematic map illustrates corn basis values across Iowa counties on January 21, 2011, derived from the CBOT March 2011 futures price of $6.5725 per bushel. Colors range from dark purple (lowest basis: -66 to -59¢/bu) to dark red (highest basis: -15 to -10¢/bu), revealing spatial price disparities influenced by transportation costs, local demand, and grain handling infrastructure. Key agricultural hubs-including Des Moines, Cedar Rapids, and Sioux City-are pinpointed to help farmers and analysts assess regional market conditions.

Used in agricultural economics reports, farm advisory portals, and commodity trading platforms to support localized pricing decisions; matches user intent for historical basis analysis, risk management, or academic research on Midwest grain markets.