Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2023-05-31

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Wed, May 31
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered11.7275–12.7975/bu+0.10−45–+45¢/BuAugust (Q)16.3380
Northeast
Country ElevatorsUS #1Delivered12.5375–12.8475/bu+0.03−46–−15¢/BuJuly (N)16.6681
Northwest
Country ElevatorsUS #1Delivered12.4475–12.8875/bu+0.02−23–+55¢/BuJuly (N)16.4654
South Central
Country ElevatorsUS #1Delivered12.7475–12.9475/bu+0.03−25–−5¢/BuJuly (N)16.4079
Southeast
Country ElevatorsUS #1Delivered12.7475–13.0475/bu+0.03−25–+5¢/BuJuly (N)16.9468
Southwest
Country ElevatorsUS #1Delivered12.7475–13.0175/bu+0.02−25–+2¢/BuJuly (N)16.5568
Terminal ElevatorsUS #1Delivered13.0175–13.0275/bu+0.03+2–+85¢/BuJuly (N)16.8525
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Mills and ProcessorsUS #1Delivered12.7775–13.1475/bu+0.02−5–+85¢/BuJuly (N)16.4268

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered6.2400–6.5400/bu—+30–+60¢/BuJuly (N)7.3755
Northeast
Country ElevatorsUS #2Delivered6.1400–6.4200/bu—+20–+48¢/BuJuly (N)7.3325
Northwest
Country ElevatorsUS #2Delivered6.4200–6.7900/bu—+48–+85¢/BuJuly (N)7.4339
South Central
Country ElevatorsUS #2Delivered6.2900–6.5400/bu+0.03+35–+60¢/BuJuly (N)7.3154
Southeast
Country ElevatorsUS #2Delivered6.0400–6.3000/bu—+10–+36¢/BuJuly (N)7.3039
Southwest
Country ElevatorsUS #2Delivered6.3400–6.5500/bu—+40–+61¢/BuJuly (N)7.2511
Terminal ElevatorsUS #2Delivered6.5700/bu—+63¢/BuJuly (N)7.6375
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.