Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2023-05-24

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Wed, May 24
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered12.2175–13.0450/bu—−37–+35¢/BuAugust (Q)16.3100
Northeast
Country ElevatorsUS #1Delivered12.7850–13.0550/bu+0.02−46–−19¢/BuJuly (N)16.6589
Northwest
Country ElevatorsUS #1Delivered12.9675–13.1450/bu—−24–+38¢/BuJuly (N)16.3429
South Central
Country ElevatorsUS #1Delivered12.8450–13.2950/bu+0.08−40–+5¢/BuJuly (N)16.5871
Southeast
Country ElevatorsUS #1Delivered12.8750–13.1550/bu+0.03−37–−9¢/BuJuly (N)16.7957
Southwest
Country ElevatorsUS #1Delivered13.1450–13.3450/bu+0.02−10–+10¢/BuJuly (N)16.4771
Terminal ElevatorsUS #1Delivered13.5450–13.5950/bu+0.02+30–+35¢/BuJuly (N)16.7850
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Mills and ProcessorsUS #1Delivered13.1875–13.5950/bu+0.01−5–+70¢/BuJuly (N)16.3740

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered6.1725–6.4525/bu+0.10+30–+58¢/BuJuly (N)7.7425
Northeast
Country ElevatorsUS #2Delivered6.0225–6.3525/bu+0.10+15–+48¢/BuJuly (N)7.6881
Northwest
Country ElevatorsUS #2Delivered6.3525–6.7225/bu+0.10+48–+85¢/BuJuly (N)7.7811
South Central
Country ElevatorsUS #2Delivered6.2625–6.4025/bu+0.11+39–+53¢/BuJuly (N)7.6768
Southeast
Country ElevatorsUS #2Delivered5.9125–6.1925/bu+0.20+4–+32¢/BuJuly (N)7.6411
Southwest
Country ElevatorsUS #2Delivered6.2725–6.4825/bu+0.10+40–+61¢/BuJuly (N)7.6296
Terminal ElevatorsUS #2Delivered6.5525/bu+0.10+68¢/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.