Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2022-05-16

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Mon, May 16
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered15.9150–16.1650/bu+0.10−65–−40¢/BuJuly (N)15.9800
Northeast
Country ElevatorsUS #1Delivered15.9150–16.5850/bu+0.10−65–+2¢/BuJuly (N)15.7628
Northwest
Country ElevatorsUS #1Delivered15.9650–16.1150/bu+0.10−60–−45¢/BuJuly (N)16.0550
South Central
Country ElevatorsUS #1Delivered16.1350–16.5150/bu+0.10−43–−5¢/BuJuly (N)16.1264
Southeast
Country ElevatorsUS #1Delivered15.9650–16.6950/bu+0.02−60–+13¢/BuJuly (N)15.7693
Southwest
Country ElevatorsUS #1Delivered15.9650–16.2650/bu+0.10−60–−30¢/BuJuly (N)16.2021
Terminal ElevatorsUS #1Delivered16.3650–16.6650/bu+0.10−20–+10¢/BuJuly (N)16.1750
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Mills and ProcessorsUS #1Delivered15.5650–16.7150/bu+0.10−100–+15¢/BuJuly (N)—

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered7.8950–8.1650/bu+0.30−20–+7¢/BuJuly (N)6.6830
Northeast
Country ElevatorsUS #2Delivered7.8850–8.1150/bu+0.28−21–+2¢/BuJuly (N)6.6439
Northwest
Country ElevatorsUS #2Delivered7.9850–8.1950/bu+0.28−11–+10¢/BuJuly (N)6.7279
South Central
Country ElevatorsUS #2Delivered7.8650–8.1450/bu+0.28−23–+5¢/BuJuly (N)6.6850
Southeast
Country ElevatorsUS #2Delivered7.8550–8.1650/bu+0.29−24–+7¢/BuJuly (N)6.6879
Southwest
Country ElevatorsUS #2Delivered7.8150–8.0950/bu+0.30−28–0¢/BuJuly (N)6.7379
Terminal ElevatorsUS #2Delivered8.2750–8.3150/bu+0.28+18–+22¢/BuJuly (N)6.8850
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.