Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2023-05-16

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Iowa Daily Cash Grain Bids

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

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered13.3400–13.4600/bu+0.37−30–−18¢/BuJuly (N)16.2310
Northeast
Country ElevatorsUS #1Delivered13.1800–13.4400/bu+0.37−46–−20¢/BuJuly (N)16.4589
Northwest
Country ElevatorsUS #1Delivered13.3800–13.5400/bu+0.37−26–−10¢/BuJuly (N)16.2471
South Central
Country ElevatorsUS #1Delivered13.3400–13.7400/bu+0.36−30–+10¢/BuJuly (N)16.5086
Southeast
Country ElevatorsUS #1Delivered13.2600–13.5400/bu+0.37−38–−10¢/BuJuly (N)16.6129
Southwest
Country ElevatorsUS #1Delivered13.5400–13.7400/bu+0.37−10–+10¢/BuJuly (N)16.3300
Terminal ElevatorsUS #1Delivered13.9400–13.9900/bu+0.37+30–+35¢/BuJuly (N)16.7300
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Mills and ProcessorsUS #1Delivered13.5900–13.9900/bu+0.37−5–+80¢/BuJuly (N)16.3400

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered6.1125–6.3925/bu+0.11+30–+58¢/BuJuly (N)7.9915
Northeast
Country ElevatorsUS #2Delivered5.6025–6.2125/bu+0.09−21–+40¢/BuJuly (N)7.9153
Northwest
Country ElevatorsUS #2Delivered6.2925–6.6825/bu+0.11+48–+87¢/BuJuly (N)8.0289
South Central
Country ElevatorsUS #2Delivered6.1625–6.3625/bu+0.16+35–+55¢/BuJuly (N)7.9204
Southeast
Country ElevatorsUS #2Delivered5.7525–6.1725/bu+0.11−6–+36¢/BuJuly (N)7.8832
Southwest
Country ElevatorsUS #2Delivered6.1325–6.3925/bu+0.11+32–+58¢/BuJuly (N)7.8804
Terminal ElevatorsUS #2Delivered6.5125/bu+0.11+70¢/BuJuly (N)8.2225
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.