Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2023-10-02

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Feed & Hay — the cost side, cash not futures

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Mon, Oct 2
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered12.1200–12.2100/bu+0.02−65–−56¢/BuNovember (X)13.1350
Northeast
Country ElevatorsUS #1Delivered12.0700–12.3800/bu+0.02−70–−39¢/BuNovember (X)13.0311
Northwest
Country ElevatorsUS #1Delivered12.0500–12.1700/bu+0.02−72–−60¢/BuNovember (X)13.2657
South Central
Country ElevatorsUS #1Delivered11.9700–13.4700/bu+0.03−80–+70¢/BuNovember (X)13.1314
Southeast
Country ElevatorsUS #1Delivered11.6900–12.1900/bu+0.02−108–−58¢/BuNovember (X)13.1757
Southwest
Country ElevatorsUS #1Delivered12.0700–12.1800/bu+0.02−70–−59¢/BuNovember (X)13.2600
Terminal ElevatorsUS #1Delivered12.4200/bu+0.07−35¢/BuNovember (X)13.6550
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Mills and ProcessorsUS #1Delivered12.3700–12.7700/bu+0.02−40–0¢/BuNovember (X)13.5100

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered4.5175–4.6875/bu+0.12−37–−20¢/BuDecember (Z)6.5875
Northeast
Country ElevatorsUS #2Delivered4.5175–4.7375/bu+0.12−37–−15¢/BuDecember (Z)6.5875
Northwest
Country ElevatorsUS #2Delivered4.4775–5.1375/bu+0.12−41–+25¢/BuDecember (Z)6.6775
South Central
Country ElevatorsUS #2Delivered4.4975–4.5875/bu+0.10−39–−30¢/BuDecember (Z)6.5318
Southeast
Country ElevatorsUS #2Delivered4.2375–4.6275/bu+0.22−65–−26¢/BuDecember (Z)6.5075
Southwest
Country ElevatorsUS #2Delivered4.4375–4.8375/bu+0.12−45–−5¢/BuDecember (Z)6.6008
Terminal ElevatorsUS #2Delivered4.7375–4.8075/bu+0.12−15–−8¢/BuDecember (Z)7.0325
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.