Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2023-08-29

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Tue, Aug 29
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered13.4750–14.1750/bu+0.13−45–+25¢/BuNovember (X)14.5175
Northeast
Country ElevatorsUS #1Delivered13.2250–14.4250/bu+0.13−70–+50¢/BuNovember (X)14.7194
Northwest
Country ElevatorsUS #1Delivered13.4250–13.7250/bu+0.13−50–−20¢/BuNovember (X)14.4679
South Central
Country ElevatorsUS #1Delivered13.6750–14.1450/bu+0.13−25–+22¢/BuNovember (X)14.4250
Southeast
Country ElevatorsUS #1Delivered13.9850–14.2450/bu+0.11+6–+32¢/BuNovember (X)15.4793
Southwest
Country ElevatorsUS #1Delivered13.7050–13.8650/bu+0.15−22–−6¢/BuNovember (X)14.4821
Terminal ElevatorsUS #1Delivered13.8350–14.0250/bu+0.23−9–+10¢/BuNovember (X)14.8750
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Mills and ProcessorsUS #1Delivered13.5250–14.6750/bu+0.13−40–+75¢/BuNovember (X)15.0300

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered5.0675–5.4450/bu+0.17+20–+75¢/BuDecember (Z)7.4050
Northeast
Country ElevatorsUS #2Delivered5.0150–5.4650/bu+0.19+32–+77¢/BuSeptember (U)7.1508
Northwest
Country ElevatorsUS #2Delivered5.2350–5.3675/bu+0.09+54–+50¢/BuSeptember (U)7.7361
South Central
Country ElevatorsUS #2Delivered5.0675–5.5175/bu+0.10+20–+65¢/BuDecember (Z)7.1832
Southeast
Country ElevatorsUS #2Delivered4.8950–5.2250/bu+0.25+20–+53¢/BuSeptember (U)7.2111
Southwest
Country ElevatorsUS #2Delivered4.9950–5.3475/bu+0.08+30–+48¢/BuSeptember (U)7.4918
Terminal ElevatorsUS #2Delivered5.2275–5.3450/bu+0.12+36–+65¢/BuDecember (Z)7.7350
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.