Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2023-05-11

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Thu, May 11
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered13.7550–13.8750/bu+0.02−30–−18¢/BuJuly (N)15.5635
Northeast
Country ElevatorsUS #1Delivered13.5950–13.8250/bu+0.02−46–−23¢/BuJuly (N)15.7797
Northwest
Country ElevatorsUS #1Delivered13.8150–13.9550/bu+0.02−24–−10¢/BuJuly (N)15.6046
South Central
Country ElevatorsUS #1Delivered13.7550–14.1550/bu+0.03−30–+10¢/BuJuly (N)15.7904
Southeast
Country ElevatorsUS #1Delivered13.6750–13.9650/bu+0.02−38–−9¢/BuJuly (N)15.9575
Southwest
Country ElevatorsUS #1Delivered13.9550–14.1550/bu+0.02−10–+10¢/BuJuly (N)15.6661
Terminal ElevatorsUS #1Delivered14.3550–14.4050/bu+0.02+30–+35¢/BuJuly (N)16.0675
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Mills and ProcessorsUS #1Delivered14.0050–14.4050/bu+0.07−5–+35¢/BuJuly (N)15.6725

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered6.1225–6.3525/bu+0.11+30–+53¢/BuJuly (N)7.8690
Northeast
Country ElevatorsUS #2Delivered5.6225–6.1925/bu+0.12−20–+37¢/BuJuly (N)7.7850
Northwest
Country ElevatorsUS #2Delivered6.3025–6.6925/bu+0.12+48–+87¢/BuJuly (N)7.9279
South Central
Country ElevatorsUS #2Delivered6.2225–6.3725/bu+0.15+40–+55¢/BuJuly (N)7.7893
Southeast
Country ElevatorsUS #2Delivered5.7625–6.1925/bu+0.18−6–+37¢/BuJuly (N)7.7550
Southwest
Country ElevatorsUS #2Delivered6.2125–6.4025/bu+0.12+39–+58¢/BuJuly (N)7.7693
Terminal ElevatorsUS #2Delivered6.4725/bu+0.12+65¢/BuJuly (N)8.1050
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.