Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2023-10-17

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Tue, Oct 17
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered12.3175–12.4175/bu+0.14−65–−55¢/BuNovember (X)13.1800
Northeast
Country ElevatorsUS #1Delivered12.2875–12.6675/bu+0.13−68–−30¢/BuNovember (X)13.0567
Northwest
Country ElevatorsUS #1Delivered12.2475–12.4175/bu+0.11−72–−55¢/BuNovember (X)13.2871
South Central
Country ElevatorsUS #1Delivered12.2875–12.3175/bu+0.11−68–−65¢/BuNovember (X)13.1457
Southeast
Country ElevatorsUS #1Delivered12.2375–12.4675/bu+0.11−73–−50¢/BuNovember (X)12.9886
Southwest
Country ElevatorsUS #1Delivered12.2675–12.4375/bu+0.11−70–−53¢/BuNovember (X)13.2943
Terminal ElevatorsUS #1Delivered12.7075–12.8675/bu+0.23−26–−10¢/BuNovember (X)13.7100
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Mills and ProcessorsUS #1Delivered12.7175–13.0675/bu+0.11−25–+10¢/BuNovember (X)13.6450

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered4.5200–4.6900/bu+0.01−37–−20¢/BuDecember (Z)6.6330
Northeast
Country ElevatorsUS #2Delivered4.5500–4.7400/bu+0.01−34–−15¢/BuDecember (Z)6.5200
Northwest
Country ElevatorsUS #2Delivered4.5800–4.7400/bu+0.01−31–−15¢/BuDecember (Z)6.8114
South Central
Country ElevatorsUS #2Delivered4.5400–4.6900/bu+0.09−35–−20¢/BuDecember (Z)6.5714
Southeast
Country ElevatorsUS #2Delivered4.3300–4.7300/bu+0.07−56–−16¢/BuDecember (Z)6.4871
Southwest
Country ElevatorsUS #2Delivered4.4300–4.7100/bu+0.08−46–−18¢/BuDecember (Z)6.6614
Terminal ElevatorsUS #2Delivered4.7900/bu+0.06−10¢/BuDecember (Z)7.0100
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.