Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2023-10-25

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Wed, Oct 25
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered12.2325–12.4825/bu+0.07−65–−40¢/BuNovember (X)13.2775
Northeast
Country ElevatorsUS #1Delivered12.2625–12.8425/bu+0.06−62–−4¢/BuNovember (X)13.1742
Northwest
Country ElevatorsUS #1Delivered12.2825–12.4025/bu—−60–−48¢/BuNovember (X)13.4089
South Central
Country ElevatorsUS #1Delivered12.1325–12.5025/bu+0.02−75–−38¢/BuNovember (X)13.2879
Southeast
Country ElevatorsUS #1Delivered12.1525–12.4825/bu+0.07−73–−40¢/BuNovember (X)13.1008
Southwest
Country ElevatorsUS #1Delivered12.2825–12.4825/bu+0.04−60–−40¢/BuNovember (X)13.4350
Terminal ElevatorsUS #1Delivered12.7625–12.8825/bu+0.03−12–0¢/BuNovember (X)13.9175
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Mills and ProcessorsUS #1Delivered12.6325–13.1325/bu+0.07−25–+25¢/BuNovember (X)13.8900

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered4.4700–4.6200/bu—−33–−18¢/BuDecember (Z)6.7580
Northeast
Country ElevatorsUS #2Delivered4.5400–4.6500/bu+0.02−26–−15¢/BuDecember (Z)6.5156
Northwest
Country ElevatorsUS #2Delivered4.4900–4.6500/bu+0.04−31–−15¢/BuDecember (Z)6.9214
South Central
Country ElevatorsUS #2Delivered4.4800–4.6000/bu+0.04−32–−20¢/BuDecember (Z)6.6883
Southeast
Country ElevatorsUS #2Delivered4.2800–4.6000/bu+0.01−52–−20¢/BuDecember (Z)6.5233
Southwest
Country ElevatorsUS #2Delivered4.3500–4.6200/bu+0.04−45–−18¢/BuDecember (Z)6.8057
Terminal ElevatorsUS #2Delivered4.6800–4.7000/bu+0.04−12–−10¢/BuDecember (Z)7.1750
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.