Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2023-06-16

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Fri, Jun 16
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered13.7250–14.4250/bu+0.22−35–+35¢/BuAugust (Q)16.2983
Northeast
Country ElevatorsUS #1Delivered14.1250–14.5250/bu+0.25−38–+45¢/BuJuly (N)16.4233
Northwest
Country ElevatorsUS #1Delivered13.7250–14.4250/bu+0.23−35–+35¢/BuAugust (Q)16.4368
South Central
Country ElevatorsUS #1Delivered14.2750–14.6250/bu+0.24+20–+55¢/BuAugust (Q)16.1911
Southeast
Country ElevatorsUS #1Delivered14.0100–14.5150/bu+0.47−36–+43¢/BuJuly (N)16.7746
Southwest
Country ElevatorsUS #1Delivered14.3750–14.9250/bu+0.19+30–+85¢/BuAugust (Q)16.3893
Terminal ElevatorsUS #1Delivered14.6250–14.7750/bu+0.19+55–+70¢/BuAugust (Q)16.6225
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Mills and ProcessorsUS #1Delivered14.1250–14.7750/bu+0.19+5–+70¢/BuAugust (Q)16.4445

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered5.9400–6.8400/bu+0.580–+90¢/BuSeptember (U)8.0730
Northeast
Country ElevatorsUS #2Delivered6.5300–6.8900/bu+0.81+59–+95¢/BuSeptember (U)7.9961
Northwest
Country ElevatorsUS #2Delivered6.2900–6.7900/bu+0.39+35–+85¢/BuSeptember (U)8.1850
South Central
Country ElevatorsUS #2Delivered6.4400–6.7900/bu+0.11+50–+85¢/BuSeptember (U)8.0621
Southeast
Country ElevatorsUS #2Delivered6.3400–6.8000/bu+0.91+40–+86¢/BuSeptember (U)7.9321
Southwest
Country ElevatorsUS #2Delivered6.4300–6.8900/bu+0.06+49–+95¢/BuSeptember (U)7.9907
Terminal ElevatorsUS #2Delivered6.4900–6.7025/bu+0.04+30–+55¢/BuJuly (N)8.3950
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.