Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2023-05-18

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Thu, May 18
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered12.3250–13.1550/bu+0.75−37–+46¢/BuAugust (Q)16.4030
Northeast
Country ElevatorsUS #1Delivered12.8725–13.1425/bu+0.04−46–−19¢/BuJuly (N)16.6672
Northwest
Country ElevatorsUS #1Delivered13.0750–13.2325/bu+0.71−25–+38¢/BuJuly (N)16.4150
South Central
Country ElevatorsUS #1Delivered13.0225–13.4325/bu+0.04−31–+10¢/BuJuly (N)16.6621
Southeast
Country ElevatorsUS #1Delivered12.9525–13.2325/bu+0.04−38–−10¢/BuJuly (N)16.7864
Southwest
Country ElevatorsUS #1Delivered13.2325–13.4325/bu+0.04−10–+10¢/BuJuly (N)16.5193
Terminal ElevatorsUS #1Delivered13.6325–13.6825/bu+0.04+30–+35¢/BuJuly (N)16.8700
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Mills and ProcessorsUS #1Delivered13.2825–13.6825/bu+0.04−5–+80¢/BuJuly (N)16.4850

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered5.8525–6.1325/bu+0.06+30–+58¢/BuJuly (N)7.8285
Northeast
Country ElevatorsUS #2Delivered5.3225–5.9525/bu+0.06−23–+40¢/BuJuly (N)7.7792
Northwest
Country ElevatorsUS #2Delivered6.0325–6.4225/bu+0.06+48–+87¢/BuJuly (N)7.8611
South Central
Country ElevatorsUS #2Delivered5.9525–6.1025/bu+0.06+40–+55¢/BuJuly (N)7.7668
Southeast
Country ElevatorsUS #2Delivered5.5925–5.9025/bu+0.06+4–+35¢/BuJuly (N)7.7425
Southwest
Country ElevatorsUS #2Delivered5.9425–6.1425/bu+0.06+39–+59¢/BuJuly (N)7.7239
Terminal ElevatorsUS #2Delivered6.2525/bu+0.06+70¢/BuJuly (N)8.0875
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.