Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2023-05-17

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Wed, May 17
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered13.0700–13.2075/bu+0.27−30–+46¢/BuJuly (N)16.1085
Northeast
Country ElevatorsUS #1Delivered12.9100–13.1800/bu+0.27−46–−19¢/BuJuly (N)16.3319
Northwest
Country ElevatorsUS #1Delivered12.3675–13.2700/bu+1.01−38–−10¢/BuAugust (Q)16.1161
South Central
Country ElevatorsUS #1Delivered13.0600–13.4700/bu+0.28−31–+10¢/BuJuly (N)16.3775
Southeast
Country ElevatorsUS #1Delivered12.9900–13.2700/bu+0.27−38–−10¢/BuJuly (N)16.4904
Southwest
Country ElevatorsUS #1Delivered13.2700–13.4700/bu+0.27−10–+10¢/BuJuly (N)16.2204
Terminal ElevatorsUS #1Delivered13.6700–13.7200/bu+0.27+30–+35¢/BuJuly (N)16.6025
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Mills and ProcessorsUS #1Delivered13.3200–13.7200/bu+0.27−5–+80¢/BuJuly (N)16.1975

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered5.9150–6.1950/bu+0.20+30–+58¢/BuJuly (N)7.8030
Northeast
Country ElevatorsUS #2Delivered5.3850–6.0150/bu+0.22−23–+40¢/BuJuly (N)7.7517
Northwest
Country ElevatorsUS #2Delivered6.0950–6.4850/bu+0.20+48–+87¢/BuJuly (N)7.8436
South Central
Country ElevatorsUS #2Delivered6.0150–6.1650/bu+0.15+40–+55¢/BuJuly (N)7.7493
Southeast
Country ElevatorsUS #2Delivered5.6550–5.9650/bu+0.10+4–+35¢/BuJuly (N)7.7164
Southwest
Country ElevatorsUS #2Delivered6.0050–6.2050/bu+0.13+39–+59¢/BuJuly (N)7.6993
Terminal ElevatorsUS #2Delivered6.3150/bu+0.20+70¢/BuJuly (N)8.0400
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.