Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2023-10-18

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Wed, Oct 18
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered12.4600–12.5600/bu+0.14−65–−55¢/BuNovember (X)13.1840
Northeast
Country ElevatorsUS #1Delivered12.4300–12.9700/bu+0.14−68–−14¢/BuNovember (X)13.0139
Northwest
Country ElevatorsUS #1Delivered12.3900–12.5600/bu+0.14−72–−55¢/BuNovember (X)13.2921
South Central
Country ElevatorsUS #1Delivered12.4300–12.4600/bu+0.14−68–−65¢/BuNovember (X)13.1517
Southeast
Country ElevatorsUS #1Delivered12.3800–12.6100/bu+0.14−73–−50¢/BuNovember (X)13.0079
Southwest
Country ElevatorsUS #1Delivered12.4100–12.5600/bu+0.14−70–−55¢/BuNovember (X)13.3036
Terminal ElevatorsUS #1Delivered12.8600–12.9900/bu+0.15−25–−12¢/BuNovember (X)13.7150
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Mills and ProcessorsUS #1Delivered12.8600–13.3100/bu+0.14−25–+20¢/BuNovember (X)13.6515

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered4.5500–4.7200/bu+0.03−37–−20¢/BuDecember (Z)6.6255
Northeast
Country ElevatorsUS #2Delivered4.4900–4.7700/bu+0.06−43–−15¢/BuDecember (Z)6.4814
Northwest
Country ElevatorsUS #2Delivered4.6100–4.7700/bu+0.03−31–−15¢/BuDecember (Z)6.8125
South Central
Country ElevatorsUS #2Delivered4.5700–4.7200/bu+0.03−35–−20¢/BuDecember (Z)6.5642
Southeast
Country ElevatorsUS #2Delivered4.3700–4.7600/bu+0.04−55–−16¢/BuDecember (Z)6.4596
Southwest
Country ElevatorsUS #2Delivered4.4700–4.7400/bu+0.04−45–−18¢/BuDecember (Z)6.6625
Terminal ElevatorsUS #2Delivered4.8200/bu+0.03−10¢/BuDecember (Z)6.9825
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.