Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2023-05-12

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Fri, May 12
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered13.6000–13.7200/bu+0.16−30–−18¢/BuJuly (N)15.9060
Northeast
Country ElevatorsUS #1Delivered13.4400–13.7000/bu+0.16−46–−20¢/BuJuly (N)16.1039
Northwest
Country ElevatorsUS #1Delivered13.6600–13.8000/bu+0.16−24–−10¢/BuJuly (N)15.9393
South Central
Country ElevatorsUS #1Delivered13.5900–14.0000/bu+0.17−31–+10¢/BuJuly (N)16.1321
Southeast
Country ElevatorsUS #1Delivered13.5200–13.8200/bu+0.16−38–−8¢/BuJuly (N)16.2864
Southwest
Country ElevatorsUS #1Delivered13.8000–14.0000/bu+0.16−10–+10¢/BuJuly (N)15.9936
Terminal ElevatorsUS #1Delivered14.2000–14.2500/bu+0.16+30–+35¢/BuJuly (N)16.4150
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Mills and ProcessorsUS #1Delivered13.8500–14.2500/bu+0.16−5–+35¢/BuJuly (N)16.0000

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered6.1625–6.3925/bu+0.04+30–+53¢/BuJuly (N)7.7825
Northeast
Country ElevatorsUS #2Delivered5.6325–6.2325/bu+0.01−23–+37¢/BuJuly (N)7.7025
Northwest
Country ElevatorsUS #2Delivered6.3425–6.7325/bu+0.04+48–+87¢/BuJuly (N)7.8296
South Central
Country ElevatorsUS #2Delivered6.2625–6.4125/bu+0.04+40–+55¢/BuJuly (N)7.6911
Southeast
Country ElevatorsUS #2Delivered5.8025–6.2225/bu+0.04−6–+36¢/BuJuly (N)7.6588
Southwest
Country ElevatorsUS #2Delivered6.2625–6.4425/bu+0.05+40–+58¢/BuJuly (N)7.6668
Terminal ElevatorsUS #2Delivered6.5125–6.5625/bu+0.04+65–+70¢/BuJuly (N)8.0025
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.