Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2023-10-16

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Mon, Oct 16
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered12.1825–12.3325/bu+0.04−68–−53¢/BuNovember (X)13.3125
Northeast
Country ElevatorsUS #1Delivered12.1625–12.5625/bu+0.08−70–−30¢/BuNovember (X)13.1281
Northwest
Country ElevatorsUS #1Delivered12.1425–12.3125/bu+0.06−72–−55¢/BuNovember (X)13.4196
South Central
Country ElevatorsUS #1Delivered12.1825–12.5125/bu+0.13−68–−35¢/BuNovember (X)13.2782
Southeast
Country ElevatorsUS #1Delivered12.1325–12.3125/bu+0.18−73–−55¢/BuNovember (X)13.0642
Southwest
Country ElevatorsUS #1Delivered12.1625–12.3125/bu+0.06−70–−55¢/BuNovember (X)13.4325
Terminal ElevatorsUS #1Delivered12.4825–12.7625/bu+0.02−38–−10¢/BuNovember (X)13.8425
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Mills and ProcessorsUS #1Delivered12.6125–12.8625/bu+0.11−25–0¢/BuNovember (X)13.6925

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered4.5300–4.6500/bu+0.03−37–−25¢/BuDecember (Z)6.6450
Northeast
Country ElevatorsUS #2Delivered4.5600–4.7500/bu+0.03−34–−15¢/BuDecember (Z)6.5483
Northwest
Country ElevatorsUS #2Delivered4.5900–4.7500/bu+0.03−31–−15¢/BuDecember (Z)6.8107
South Central
Country ElevatorsUS #2Delivered4.4500–4.7000/bu+0.13−45–−20¢/BuDecember (Z)6.5921
Southeast
Country ElevatorsUS #2Delivered4.2600–4.7400/bu+0.12−64–−16¢/BuDecember (Z)6.4833
Southwest
Country ElevatorsUS #2Delivered4.3500–4.7200/bu+0.13−55–−18¢/BuDecember (Z)6.6736
Terminal ElevatorsUS #2Delivered4.7300–4.8200/bu+0.12−17–−8¢/BuDecember (Z)7.0350
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.