Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2023-06-01

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Thu, Jun 1
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered11.9900–13.0950/bu+0.26−45–+45¢/BuAugust (Q)16.6760
Northeast
Country ElevatorsUS #1Delivered12.8350–13.2550/bu+0.30−46–−4¢/BuJuly (N)17.0497
Northwest
Country ElevatorsUS #1Delivered12.7100–13.0650/bu+0.26−23–+59¢/BuJuly (N)16.7575
South Central
Country ElevatorsUS #1Delivered13.0450–13.2450/bu+0.30−25–+65¢/BuJuly (N)16.5789
Southeast
Country ElevatorsUS #1Delivered13.0550–13.3950/bu+0.31−24–+10¢/BuJuly (N)17.2146
Southwest
Country ElevatorsUS #1Delivered12.9400–13.2950/bu+0.19−20–+72¢/BuJuly (N)16.9104
Terminal ElevatorsUS #1Delivered13.2450–13.2900/bu+0.23−5–+85¢/BuJuly (N)17.0900
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Mills and ProcessorsUS #1Delivered13.0400–13.7950/bu+0.26+10–+85¢/BuJuly (N)16.7705

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered6.2250–6.5250/bu+0.02+30–+60¢/BuJuly (N)7.3795
Northeast
Country ElevatorsUS #2Delivered6.1250–6.4050/bu+0.02+20–+48¢/BuJuly (N)7.3225
Northwest
Country ElevatorsUS #2Delivered6.4050–6.7750/bu+0.02+48–+85¢/BuJuly (N)7.4639
South Central
Country ElevatorsUS #2Delivered6.2250–6.4250/bu+0.07+30–+50¢/BuJuly (N)7.3411
Southeast
Country ElevatorsUS #2Delivered5.9750–6.2250/bu+0.07+5–+30¢/BuJuly (N)7.2925
Southwest
Country ElevatorsUS #2Delivered6.3250–6.4850/bu+0.02+40–+56¢/BuJuly (N)7.2582
Terminal ElevatorsUS #2Delivered6.5250–6.5550/bu+0.05+60–+63¢/BuJuly (N)7.6275
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.